La place des mecanismes d'epargne-credit et de pret progressif dans la selection des clients des IMF en milieu urbain : le cas de WAGES en 2010

摘要

As well as joint liability, microfinance institutions (MFIs) use other mechanisms - such as savings-credit and progressive loansto select their customers. This paper highlights the efficacy of these mechanisms in mastering default risk. From data on MFI in Togo (WAGES), and using a binomial Logit model, we show that these mechanisms are crucial in the selection of clients. Thus, from an econometric point of view, there is a significant link between these mechanisms and the probability that the credit application be accepted. We also note a significant link between the latter and a gendered approach. Although the results show the importance of these mechanisms in the selection of clients, they raise some concerns, such as the risk of mission drift. This concern is, however, nuanced by the significant place given to women's empowerment.