L’avènement de la microfinance islamique au Sénégal

SECK, Massamba Souleymane and BIAYE, Abdoulaye (2019): L’avènement de la microfinance islamique au Sénégal.

Abstract

In Senegal, as elsewhere in the WAEMU zone, access to credit for vulnerable microentrepreneurs is a major concern despite the important role of traditional microfinance institutions. To effectively solve this problem, Islamic microfinance has been identified as an alternative offer, alongside conventional finance, in order to give access to bank accounts to those underprivileged people that have not been sufficiently served by financial institutions. Thus, this article aims to study the advent of Islamic microfinance in Senegal. To do this, our research focuses on the history and role of the State of Senegal in the promotion of Islamic microfinance to finally present the characteristics of this new funding model for vulnerable populations often excluded from the traditional financial system.

• Item Type: MPRA Paper
• English Title: The advent of islamic microfinance in Senegal
• Language: French
• Keywords: Classical microfinance, Islamic microfinance, vulnerable microentrepreneurs
• Subjects: G - Financial Economics > G2 - Financial Institutions and Services > G20 - General; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages; G - Financial Economics > G2 - Financial Institutions and Services > G23 - Non-bank Financial Institutions ; Financial Instruments ; Institutional Investors

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