What are the determining factors of the sustainability of microfinance institutions in the MENA region : a theoretical study and an empirical investigation for the case of 22 MFIs
DOI:
https://doi.org/10.1956/jge.v18i3.664Keywords:
Microfinance, Sustainability, MFIs, MENA region.Abstract
Microfinance is considered a better solution for the fight against poverty. It allows the
integration of the excluded into productive activity. The current challenge for MFIs
(microfinance institutions) is to seek their durability and sustainability, in order to be able to
achieve their objective. Sustainability can be defined as the ability of institutions to maintain
the sustainability of their actions. It is assessed through three dimensions, namely, financial
autonomy, institutional and social viability, as well as technical efficiency. The objective of
this work is to identify the main determinants of the sustainability of MFIs. We will, in this
regard, conduct a case study of 22 MFIs in the MENA (Middle East and North Africa) region.
Keywords : Microfinance, Sustainability, MFIs, MENA region.
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