The Determinants of the Financial Performance of Microfinance Institutions: Impact of the Global Financial Crisis

Lâma Daher and Erwan Le Saout ()
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Lâma Daher: UP1 - Université Paris 1 Panthéon-Sorbonne, PRISM Sorbonne - Pôle de recherche interdisciplinaire en sciences du management - UP1 - Université Paris 1 Panthéon-Sorbonne
Erwan Le Saout: UP1 - Université Paris 1 Panthéon-Sorbonne, PRISM Sorbonne - Pôle de recherche interdisciplinaire en sciences du management - UP1 - Université Paris 1 Panthéon-Sorbonne

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Abstract: With the growing scarcity of funding and the increasing commercialization of microfinance institutions, the latter should protect themselves particularly from the credit default risk of their microcredit portfolios and the risks related to financial market fluctuation in order to optimize their financial performance.

Date: 2015-03
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Published in Strategic Change, 2015, 24 (2), pp.131-148. ⟨10.1002/jsc.2002⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03894599

DOI: 10.1002/jsc.2002

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