Etude de l’impact du cout du credit sur l’acces au financement pour les Pme au Burkina Faso dans une analyse comparative entre les institutions de finance classique et celles de finance Islamique

Abstract

Cette etude a analyse l’impact du cout du credit sur l’acces au financement pour les PME au Burkina Faso. L’objectif est de comprendre les causes et les consequences du cout eleve du credit aux PME. Ainsi une analyse comparative entre les banques conventionnelles, les systemes financiers decentralises et les institutions financieres islamiques, a permis de mettre en exergue non seulement la realite du cout de credit eleve aux PME mais aussi son influence sur leur acces au financement.Le risque eleve du financement reste la principale cause de ce cout eleve de financement qui affecte negativement l’acces au credit pour les PME. En effet, ce cout figure parmi les causes de la reticence aux credits bancaires par les PME. L’etude a toutefois releve que d’autres causes comme les garanties, les pieces exigees, les procedures d’octroi du credit et la duree du credit, influencent plus negativement l’acces au financement des PME que le cout du credit. Il ressort egalement que la finance islamique encore a l’etat embryonnaire au Burkina Faso, avec un seul produit disponible (Mourabaha) et relativement plus couteux que le financement classique, d’ou son developpement limite surtout dans le secteur des PME.Mots cles: cout du credit-risque eleve- reticence- finance islamique embryonnairecouteuxEnglish Title: Study of the impact of credit costs on access to financing for SMEs in Burkina Faso in a comparative analysis between classic finance and Islamic finance institutionsEnglish AbstractThis study analyzed the impact of the cost of credit on access to finance for SMEs in Burkina Faso. The goal is to understand the causes and consequences of the high cost of credit to SMEs. Thus, a comparative analysis between conventional banks, decentralized financial systems and Islamic financial institutions has made it possible to highlight not only the reality of the high cost of credit for SMEs but also its influence on their access to finance.The high risk of financing remains the main cause of this high cost of financing which negatively affects access to credit for SMEs. Indeed, this cost is one of the reasons for the reluctance to bank loans by SMEs. However, the study found that other causes such as collateral, required documents, credit granting procedures and credit duration have a greater negative impact on SME access to finance than the cost of credit. It also appears that Islamic finance still in embryonic form in Burkina Faso, with only one product available (Murabaha) and relatively more expensive than conventional financing, hence its limited development especially in the SME sector.Keywords: cost of credit, high risk, reluctance, Islamic finance, embryonic, expensive