JMGT_V8_N3_RP1 Corporate Governance, Profile Of The Executive Directors And The Rate Of Refunding Of Microcredits In The Case Of The Tunisian Associations Of Microfinance Mighri Zouhayer Akachi Samir Jarboui Anis Journal on Management 2230 – 715X 8 3 1 16 Corporate governance, Rate Of Refunding, Executive Director Profile, Microcredit, Tunisia The objective of this paper is to analyze the role allotted to the mechanism in the determination of the financial performances of associations of microcredit in the specific case of Tunisia. In this respect, the authors have integrated the characteristics of Executive Directors and have transposed the various instruments of governance largely treated in the case of banks to the sector of microfinance. Moreover, they resort to the rate of refunding as an indicator of the financial performance of associations of microcredit. December 2013 - February 2014 Copyright © 2014 i-manager publications. All rights reserved. i-manager Publications http://www.imanagerpublications.com/Article.aspx?ArticleId=2660