Microfinance efficiency in West African Economic and Monetary Union (WAEMU): have reforms promoted sustainability or outreach?

Sandrine Kablan
Savings and Development Vol. 38(2014), No. 1, pp. 89-111

Our study aims to assess the evolution of social efficiency and financial efficiency of MFIs (microfinance institutions) in West African Economic and Monetary Union (WAEMU). Our results suggest that financial efficiency increases at the expense of [...]

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An empirical evaluation of Nigeria’s inter-temporal current account solvency

Olusegun Felix Ayadi, Johnnie Williams and Ladelle Hyman
Savings and Development Vol. 37(2013), No. 1, pp. 35-48

This paper sets out to assess the state of capital mobility in Nigeria through the inter-temporal solvency approach. It is an attempt to identify the extent to which actual current account movements have deviated from what is considered optimal [...]

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Performance of microfinance: the role of subsidies

Ahmad Nawaz
Savings and Development Vol. 34(2010), No. 1, pp. 97-138

Microfinance institutions (MFIs) strive for financial sustainability, but also for the empowerment of the poor. The social nature of MFIs is mainly financed by subsidies. This paper measures the sustainability of microfinance, employing Yaron’s [...]

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Statistical analysis of the performance of microfinance institutions: the Ethiopian case

Tsegaye Anduanbessa
Savings and Development Vol. 33(2009), No. 2, pp. 183-198

Nowadays governments and many development agents pay great attention to the development of Microfinance Institutions (MFIs) with the belief that they are able to alleviate poverty in a very shot time. This paper tried to give statistical insight in [...]

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