Mardi | 2010-05-04
nasser ARY TANIMOUNE – M.-P. CLOUTIER – Christian RIETSCH
The West African Economic and Monetary Union (WAEMU) is experiencing growingintermediation activities from microfinance institutions known as Decentralized Financial Structures (DFS). Meanwhile, DFS have encountered various developments constraints and among others, one the actual requirement is their sustainability in a long-term perspective.Based on Data Envelopment Analysis (DEA) from 1998 to 2003, this paper explores the efficiencies of microfinance institutions depending of their funding sources. The preliminaries results show that concerning the distributing of credits, direct credit institutions appear to have higher performances than savings and credit institutions and credit projects, while the latter appears to have the best financial viability. However, given that no indisputable trend is obtained we have concluded that a more-disaggregated data bases is desirable for a consistent generalization.