Public action and the resilience of Islamic microfinance in the face of the covid-19 health crisis in Mali: case of the intermediation and development fund (CID)

Abstract

The coronavirus crisis that societies are experiencing is different from past crises. Faced with these repeated crises, resilience appears to be one of the principles of public action to resolve this problem. The objective of this paper is to analyze the measures taken by public actors and actors of microfinance institutions in general, and Islamic microfinances in particular, in order to face the health crisis of COVID-19. Methodologically, we have adopted a qualitative and inductive case study approach. Data collection was based primarily on semi-structured interviews with CID leaders, as well as an in-depth desk study of secondary data. The Results obtained from the data content analysis reveal the resilience of microfinance institutions in general, and of the intermediation and development fund (CID) in particular, in the face of the COVID-19 crisis. And this, thanks to the measures taken by the public authorities of Mali, the technical and financial partners, and the actors of the CID.

JEL Classification : F65, L38, G30, M10

Paper type : Empirical research