Determinants of the Performance of Refunding in Microfinance: Empirical Application for the Case of Enda-Interarabe of Tunisia

This paper aims as an objective to analyze the performance of refunding of Enda-InterArab established in Tunisia as a model of microfinance, its specificities in terms of the refunding of microcredit and also its key factors of success and its critical factors of failure. With this intention, we will focus ourselves mainly on three subjacent factors of the performances of refunding of this association of microcredit that are in particular: determinants related to its characteristics, those related to the specific characteristics of its environment and finally those related to the characteristics of its customers.