The determinants of financial performance of microfinance institutions in Morocco: a panel data analysis
Lahcen El Kharti
Savings and Development Vol. 38(2014), No. 1, pp. 27-44
This paper studies the determinants of financial performance of microfinance institutions (MFIs) in Morocco. Results show that the Portfolio at Risk (PAR30) and the age of the MFIs are the main determinants of financial performance of these [...]