Lessons Learned from the Moroccan Crisis




Nombre de page : 0

Date de publication : 30-11--0001

Edition : Non défini

Auteur : ired.org

Type : Ouvrages

Theme :


For a decade, the Moroccan microcredit sector was a rising star, boasting top-performing institutions enthusiastically supported by local and international funders. Yet, by December 2009, credit risk1 had soared to 14 percent, reaching as high as 38 percent for one leading microfinance institution (MFI). Under Central Bank leadership, providers, national associations, and funders scrambled to correct course. By December 2011, credit risk had been cut in half but remained relatively high at 8.6 percent. A year later, it had edged up again to 9.6 percent. This Brief outlines lessons learned from the rise, fall, and ongoing recovery of the Moroccan microcredit sector that may be useful when adapted in other countries in similar situations.<br />\r\n(san)

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