During the last decade, the microfinance sector in the Middle East and North Africa has caromed from crisis to crisis. Some were caused by problems within the industry, while others were a product of the political instability that has gripped the region since the Arab Spring.
Despite those challenges, the microfinance sector has continued to grow. But it has done so at a much slower rate than in many other parts of the developing world, which has deep implications for economic growth. Based on the assumption that knowledge is power, this report aims to understand what is holding back microfinance in the Arab World and explore ways that the sector – so essential for job creation – can prosper and grow.