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Pérennité Et Efficience Des Institutions De Microfinance Dans La Région MENA

Author

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  • Sanae Solhi

    () (Université Mohammed V-Agdal-Rabat, Maroc)

  • Sidi Mohamed Rigar

Abstract

The present paper analyzes the efficiency of 76 microfinance institutions (MFIs) in the MENA region using the non-parametric method, DEA. Our results indicate that the efficiency scores declined significantly during the period between 2000 and 2011. At first, we attributed this regression to the closure of an important number of institutions, or to the weakening of outreach indicators in some countries. Furthermore, it was hypothesized that management variables, some MFI-specific variables, together with control variables account for this degradation. The use of panel data analysis techniques has identified the factors affecting the performance of MFIs. Sound financial and portfolio management has a positive impact on effectiveness, while the size and the subsidies have a negative impact. As for the target population, MFIs are digressing from their rural objective to prioritize more profitable populations.

Suggested Citation

  • Sanae Solhi & Sidi Mohamed Rigar, 2014. "Pérennité Et Efficience Des Institutions De Microfinance Dans La Région MENA," Working Papers 829, Economic Research Forum, revised May 2014.
    • Handle: RePEc:erg:wpaper:829
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    References listed on IDEAS

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    8. Gutiérrez-Nieto, Begoña & Serrano-Cinca, Carlos & Mar Molinero, Cecilio, 2007. "Microfinance institutions and efficiency," Omega, Elsevier, vol. 35(2), pages 131-142, April.
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    10. Lamberte, Mario B. & Desrochers, Martin, 2002. "Efficiency and Expense Preference in the Philippines' Cooperative Rural Banks," Discussion Papers DP 2002-12, Philippine Institute for Development Studies.
    11. Marc Labie, 2004. "Microfinance : un état des lieux," Mondes en développement, De Boeck Université, vol. 126(2), pages 9-23.
    12. Philippe ADAIR & Imène BERGUIGA, 2010. "Les Facteurs Déterminants De La Performance Sociale Et De La Performance Financière Des Institutions De Microfinance Dans La Région Mena : Une Analyse En Coupe Instantanée," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 32, pages 91-120.
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