Application of the PCA To Analyse the Financial and Social Performance of MFIs in the MENA Region
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This paper assesses the performance of MFIs in the MENA region. The purpose of this analysis is to determine the trade-off between financial and social performance in our sample. So how well do Arab MFIs in the MENA region perform? What is the orientation of these institutions? To answer these questions we followed a methodology that consists of two parts. The first step involves the use of the DEA method to assess the performance of the MFIs in our sample. The second step consists of applying PCA on the efficiency scores obtained from the DEA method, in order to determine the orientation of each entity examined.
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