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The Determinants of the Financial Performance of Microfinance Institutions: Impact of the Global Financial Crisis
Author(s) -
Daher Lâma,
Le Saout Erwan
Publication year - 2015
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.2002
Subject(s) - microfinance , financial system , business , financial crisis , order (exchange) , commercialization , scarcity , finance , economics , economic growth , market economy , marketing , macroeconomics
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.