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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