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Köhn, Doris; Jainzik, Michael

doi:10.1007/3-540-28071-5_10

Cited by 4 publications

(3 citation statements)

References 5 publications

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“…Most customers prefer individual loans, as they do not want to be obligated to others when moving forward and due to the reputation of the solidarity group lending approach (e.g. bearing the responsibility for others, social sanctions, frustration due to too many meetings, or dealing with sanction for save borrowers who happen to be in risky or bad groups) [24][25][26][27][28]. However IMFs also have a share of responsibility for the abandonment to some extent: in times of crisis they have strongly encouraged the development of the individual loans and relaxed on customer screening.…”

Section: Methodsmentioning

confidence: 99%

The Impact of Micro Finance Institutions on Economic Growth of Morocco

Ms¹

2016

J Tourism Hospit

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The Moroccan banking system is characterized by great diversity and is largely modeled on the French banking system. It includes banks and other institutions working in specialized areas such as, agriculture. At the end of 2011, the banking sector comprised eighty five institutions, with the Bank Al Maghrib (BAM) as its central state institution. This system includes nineteen banks, thirty five finance companies, six offshore banks, thirteen Micro Finance Institutions and twelve other institutions. The total number of banks has not changed since 2009, whereas the number of finance companies has declined. In contrast, the area of microcredit was reinforced. After several years of growth, the microfinance sector in Morocco began to experience some problems in 2008. The crisis in Morocco started with the crash of one of the largest MFIs and jeopardized the whole system. Reasons given for the crisis were mainly the unsustainable growth of the sector, but also the high market concentration of MFIs, multiple indebtedness, the lack of controls and monitoring systems, nonperforming loans and delinquency problems. The microfinance market is very concentrated, and clients are mainly allocated among the four biggest MFIs accounting for over 90% of client outreach. From 2003 the amount of active clients rose from almost 308,000 clients to 1,353,000 clients in 2007.

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Section: Methodsmentioning

confidence: 99%

The Impact of Micro Finance Institutions on Economic Growth of Morocco

Ms¹

2016

J Tourism Hospit

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“…Lieberman (2009) argued that MFIs going to the public would create new opportunities for their clients. Kohn (2006) argued that MFIs services might lead to the commercialization of services if it moved to identify the capital market trends. The past researchers focus on both the positive and negative sides of MFIs in going towards capital infusion from the public.…”

Section: Knowledge Gapmentioning

confidence: 99%

Thriving the Transformation Process of MFI through IPOs - Case Study of Indian MFIs

Gnanakumar

2020

SDMIMD

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The Indian microfinance firms are stabilizing from the microfinance crisis of 2010. The firms are oscillating in taking the decisions about financing through debt or equity. Some of the firms, even after getting approval from regulatory bodies for going through Initial Public Offer (IPO), are deferring their plans. In this perspective, the present research has been initiated to identify the capital market risk. Four Indian IPOs held between 2016 and 2019 are studied. The result indicates that there is an inverse relationship between the profitability of the firm and the IPO subscription rate.

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“…De plus, de par leur taille d'investisseurs institutionnels, les MIVs pourraient être les seuls à pouvoir facilement supporter les coûts de contrôle étendus nécessaires pour s'assurer que les dirigeants agissent bien dans l'intérêt de la mission de l'IMF (Labie, 2003). Mais à l'opposé, lorsque des investisseurs strictement commerciaux entrent dans le capital d'une IMF en tant qu'actionnaires majoritaires, des doutes peuvent être émis quant au maintien de la mission sociale (Köhn et Jainzik, 2007).…”

Section: Les Choix De Financement 3 Et La Gouvernanceunclassified

Commercialisation et financement de la microfinance : quels enjeux de gouvernance ?

Urgeghe¹

2009

Reflets Et Perspectives De La Vie Économique

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Untitled

Cited by 4 publications

References 5 publications

The Impact of Micro Finance Institutions on Economic Growth of Morocco

The Impact of Micro Finance Institutions on Economic Growth of Morocco

Thriving the Transformation Process of MFI through IPOs - Case Study of Indian MFIs

Commercialisation et financement de la microfinance : quels enjeux de gouvernance ?

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