Abstract |
Microfinance
regulation is currently a highly debated topic in view of the increasing
interest on the issue by the international community. In this paper we
investigate its impact on performance of microfinance institutions using OLS
regressions applied on panel data from a sample of 180 institutions from
CAMCULL, an important data source of microfinance institutions in Cameroon. The
data include variables on 2007 and 2008 balance sheet and income statements.
The results of our analysis show that regulation has a negative impact on
performance and especially on credit to finance growth. |