Nicole Tode evaluates the possible institutional development of Moroccan microcredit associations which intend to transform themselves from the status of non-governmental institutions (NGOs) into regulated microfinance banks. Such a transformation might increase their asset base, number of clients, average loan balance, and outreach, thus having a positive impact on microcredits in Morocco. The study, for which a comprehensive number of data sets from the microfinance information exchange (MIX) database was meticulously analyzed, addresses everybody dealing with or interested in the challenging situation NGO microfinance institutions find themselves in when planning to become commercial banks.