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Microfinance As An Instrument For Financing An Economy: The Case Of The Meck Network In The Comoros
[La Microfinance Comme Instrument De Financement D'Une Economie : Cas Du Reseau Meck Aux Comores]

Author

Listed:
  • Issouf Abdou

    (Université des Comores, BP 2585, Moroni, rue de la Corniche Comores)

  • Andriamanantena Philibert.

    (Lycée Jean RALAIMONGO AnkofafaAndrefana, 301 Fianarantsoa,)

  • Ravelomanana Mamy

    (Université d’Antananarivo, Faculté de Droit, d’Economie, de Gestion et de Sociologie Ankatso, 101 Madagascar)

  • Rakotozafy Rivo

    (Université de Fianarantsoa, BP 1264, Andrainjato, 301 Fianarantsoa, Madagascar)

Abstract

Microfinance, a new financial system whose main objective is the fight against financial exclusion from traditional banks. Apart from these objectives, can microfinance become a financing instrument for economics? Through this article, we will show that the Meck microfinance network (Mutuellesd'épargnes et de Crédit – Komor) has become a financing instrument for the Comorian economy. To do this, our study focuses on an analysis of the reports of the Central Bank of the Comoros from 2005 to the present day and the reports of the microfinance network.

Suggested Citation

  • Issouf Abdou & Andriamanantena Philibert. & Ravelomanana Mamy & Rakotozafy Rivo, 2023. "Microfinance As An Instrument For Financing An Economy: The Case Of The Meck Network In The Comoros [La Microfinance Comme Instrument De Financement D'Une Economie : Cas Du Reseau Meck Aux Comores]," Working Papers hal-04316843, HAL.
  • Handle: RePEc:hal:wpaper:hal-04316843
    Note: View the original document on HAL open archive server: https://hal.science/hal-04316843v1
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