The contribution of microfinance to environmental sustainability and growth in Morocco: An empirical study

Abstract

This research focuses on exploring the relationship between the attributes of microfinance programmes and their effects on financial, social, and environmental growth. The findings underscore the notable influence of acceptability, availability, and affordability of microfinance programmes on financial and social growth, with acceptability particularly impacting environmental growth. These results bear significant implications for those involved in the realm of microfinance, accentuating the necessity to enhance the acceptability and availability of microfinance services in order to catalyse sustainable growth. The study serves as a launchpad for future investigations into the multi-faceted impact of microfinance programmes and the effectiveness of diverse microfinance models and practices towards the goal of sustainable development. In conclusion, the study underscores the need to integrate environmental considerations into the planning and execution of microfinance programmes, ensuring their sustainability and efficacy in the long run.

Keywords

• microfinance
• sustainable growth
• environmental sustainability
• financial inclusion
• social growth
• financial growth