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Abstract

In this paper we present a new approach to solve a risk default, under asymmetric information, between Micorfinance Institutions MFIs and borrowers excluded from the conventional financial systems (financial exlusion). To solve this problem we propose the model, as a system of two differential equations to describe the evolution of some safe and risky borrowers. In fact, the population of borrowers is divided into two compartments: Safe and Risky having an interaction, it is a SR model. With numerical simulations of the SR model, we can describe the evolution of some safe and risky borrowers. The result provides to manage the portfolios of all agencies controlled from the MFIs, by predictions of safe and risky borrowers. Then, define or redefine the management strategies of development and investment, and thus strengthen financial inclusion.

Details

1009240
Title
The dynamic game of risk default in microcredit
Author
Kaicer, Mohammed 1 ; Oudgou, Mohamed 2 ; Kaddar, Abdelilah 3 ; Arbi, Adnène 4   VIAFID ORCID Logo 

 Laboratory of Analysis, Geometry and Applications, Ibn Tofail University, Kenitra, Morocco 
 National School of Business and Management, Sultan Moulay Slimane University, Beni Mellal, Morocco 
 Laboratory of Engineering Sciences for Energy (LabSIPE), the National School of Applied Sciences of El Jadida (ENSAJ), Beni Mellal, Morocco 
 Laboratory of Engineering Mathematics (LIM), Tunisia Polytechnic School, University of Carthage, La Marsa, Tunisia 
Volume
18
Publication year
2024
Publication date
Jan 2024
Publisher
Sage Publications Ltd.
Place of publication
Brentwood
Country of publication
United Kingdom
ISSN
17483018
e-ISSN
17483026
Source type
Scholarly Journal
Language of publication
English
Document type
Journal Article
Publication history
 
 
Online publication date
2024-08-01
Milestone dates
2024-01-09 (Received); 2024-07-01 (Accepted); 2024-05-17 (Rev-recd)
Publication history
 
 
   First posting date
01 Aug 2024
ProQuest document ID
3150156589
Document URL
https://www.proquest.com/scholarly-journals/dynamic-game-risk-default-microcredit/docview/3150156589/se-2?accountid=208611
Copyright
© The Author(s) 2024. This work is licensed under the Creative Commons  Attribution – Non-Commercial License https://creativecommons.org/licenses/by-nc/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.
Last updated
2025-02-05
Database
2 databases
  • ProQuest One Academic
  • ProQuest One Academic