Morocco Market Profile

MIX Premium Barometer
septembre 24, 2014

2014 - Juin Baromètre

Quatre IMF marocaines couvrant 39% du marché en termes de portefeuille de prêts et 36% pour ce qui est des emprunteurs ont répondu à l'enquête du Baromètre, fournissant des projections pour le 3ième trimestre 2014. Les IMF ont reporté  que l’endettement des clients est leur principale préoccupation en matière de risque au cours du trimestre à venir et voient les niveaux de PAR augmenter pour le trimestre et les douze mois à venir.

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MIX Premium Barometer
juin 17, 2014

2014 - Mars : Baromètre

Quatre IMF marocaines couvrant 84% du marché ont répondu à l'enquête du Baromètre en fournissant des projections pour le trimestre se terminant fin juin 2014. Les IMF ont déclaré que le surendettement des clients est leur principale préoccupation en termes de risque pour le trimestre à venir ; ils anticipent une hausse du niveau de PAR pour le pays..

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MIX Premium Archives
avril 03, 2014

2014 - March : Quarterly Update : Regulatory Changes Still in Limbo

The recent sector development in Morocco brings in opportunity for the microfinance institutions to register as LLCs a for-profit microfinance company with the Bank Al-Maghrib (BAM) of Morocco. The bank is also working towards setting an interest rate ceiling for all the credit institution, which is expected to be finalized in the final legislation.

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MIX Premium Barometer
décembre 04, 2013

2013 - Septembre : Baromètre

This forecasting report covers the Moroccan microfinance market through December 31, 2013. The report is based on survey responses from market participants and covers the following:

  • Forecasts are aggregated at the national level with insights by peer group (legal status, regulated, age, etc.)
  • Risk and outreach factors are ranked
  • Individual responses are bucketed into ranges and provided by peer group
  • Featured indicators include: Number of active borrowers, gross loan portfolio, and portfolio-at-risk > 30 day

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MIX Premium Barometer
août 14, 2013

2013 - Juin : Baromètre

5 MFIs representing 83% of the Moroccan market share responded to this quarter's Barometer survey. Moroccan MFIs are projecting growth in outreach for the quarter ending September 30 and the 12 months ending next June. In last quarter's survey, MFIs were preoccupied by the impact of the macroeconomic environment on their outreach and risk, market sentiment has shifted with new product offerings and funding gaining prominence for outreach and client-indebtedness gaining for risk.

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MIX Premium Barometer
juin 20, 2013

2013 - Mars : Baromètre

Four MFIs responded to this quarter's survey representing 80% of the market by gross loan portfolio. Respondents are projecting stronger growth in borrower levels than in loan portfolios. With only one projection for a decline in loan portfolio, all other projections for both borrowers and loans are positive. MFIs do not see any major change in portfolio-at-risk levels, but do expect their individual portfolios to perform better than the average. In terms of factors impacting both outreach and risk, macroeconomic factors was cited most often by MFIs.

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MIX Premium Quarterly Update
avril 10, 2013

Rapport du quatrième trimestre

More regulatory changes afoot in Morocco. With the recent addition of the LLC status to the microfinance sector (discussed in the previous QU), the government has decided to overhaul the current regulation on MFIs to exert the central bank and bring MFIs into the mainstream banking sector.

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MIX Premium Barometer
mars 15, 2013

2012 - Décembre : Baromètre

Moroccan MFIs are expecting stronger growth in their own portfolios than their expectations for the country average, though the country average is being pulled down by a significant outlier. Funding is the leading factor for outreach while client-indebtedness remains the leading factor for risk.

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MIX Premium Annnual Briefing
juillet 01, 2010

Profil du pays - 2010

Bolstered by large-scale support from both domestic and international actors, the Moroccan microfinance sector has seen impressive growth over the last decade and now accounts for about half of all microfinance clients in the Middle East and North Africa region. Moroccan microfinance has however experienced growing pains, and weathered a ‘crisis’ in 2008 with repayment rates falling dramatically throughout the country. Several initiatives to help the industry recover have since begun, with an emphasis on strengthening the regulatory framework and addressing issues of client over-indebtedness. A detailed explanation of the causes of the Moroccan microfinance crisis and recovery measures being taken can be found throughout the Morocco Country Briefing:

  • Overview: Several factors came to a head in 2008, causing the Moroccan microfinance industry to experience a repayment crisis. This has since led to a number of initiatives to strengthen regulatory laws and operational practices throughout the sector.
  • Supply & Demand: Morocco is highly concentrated with only 4 MFIs accounting for more than 95% of the country’s gross loan portfolio. The recent crisis has caused MFIs to modify their activities, with a shift away from group lending towards individual lending.
  • Funding: Moroccan MFIs benefit from the confidence and support of local financial institutions, allowing them to finance more than 80% of all MFI assets through domestic borrowing.
  • Performance: Downturns experienced throughout the sector have caused MFI profitability to fall, with median return on assets dropping to a low of 0.2% in 2009. MFIs have responded by consolidating their activities in an effort to lower operational expenses.

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MIX Premium Archives
juin 01, 2010

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