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6.0 References: Microfinance in Africa - Experience and Lessons from Selected African Countries

6.0 References: Microfinance in Africa - Experience and Lessons from Selected African Countries

(IMF Working Paper, Prepared by Anupam Basu, Rodolphe Blavy, and Murat Yulek1, September 2004)

Bank of Tanzania, 2004, “An Overview of Microfinance Industry in Tanzania,” paper
presented to the Joint BoT/NBAA seminar on the role of microfinance in poverty
alleviation (unpublished; Dar es Salaam: Bank of Tanzania).

Bennett, L., 1998, “Combining Social and Financial Intermediation to Reach the Poor: the
Necessity and Dangers,” in Strategic Issues in Microfinance, ed. by M. Kimenyi,
R. Wieland, and J.D. von Pischke (Ashgate Publishing).

Blavy, R., 2003, “The Microfinance Sector in Guinea,” in Guinea—Selected Issues and
Statistical Appendix 2003 (Washington: International Monetary Fund).

CGAP, 2000, “The Rush to Regulate: Legal Frameworks for Microfinance,” CGAP
Occasional Papers, No. 4 (Washington: Consultative Group to Assist the Poorest).

Chao-Béroff, R., 2003 (July), “Rural Savings Mobilization in West Africa: Guard Against
Shocks or Build an Asset Base,” The Microbanking Bulletin, No. 9, pp. 16–18
(Washington: Microfinance Information Exchange).

De Aghion, A. and J. Morduch, 2003, “Microfinance: Where Do We Stand?” in Financial
Development and Economic Growth: Explaining the Links, ed. by C. Goodhart
(Basingstoke: Macmillan/Palgrave).

Hirschland, M., 2003 (July), “Serving Small Depositors: Overcoming the Obstacles,
Recognizing the Tradeoffs,” The Microbanking Bulletin, No. 9, pp. 3–8 (Washington:
Microfinance Information Exchange).

Ledgerwood, J., 1999, Microfinance Handbook: An Institutional and Financial Perspective
(Washington: The World Bank).

Ouattara, K., 2003, “Microfinance Regulation in Benin: Implications of the PARMEC Law
for Development and Performance of the Industry,” Africa Region Working Paper,
No. 50 (June) (Washington: World Bank).

Rutherford, S., 1999, “The Poor and Their Money,” Finance and Development Research
Program Working Paper, No. 3, Institute for Development Policy and Management,
University of Manchester.

Steel, W. and D. Andah, 2003 (June), “Rural and Microfinance Regulation in Ghana:
Implications for Development and Performance of the Industry,” Africa Region
Working Paper, No. 49 (Washington: World Bank).

Wright, G., 2000, Microfinance Systems: Designing Quality Financial Services for the Poor
(New York: Zed Publishers).

World Bank, 1997, “Voices of the Poor: Poverty and Social Capital in Tanzania,”
Environmentally and Socially Sustainable Development Studies and Monograph
Series, No. 20 (Washington: World Bank).





60 References Microfinance in Africa Experience and Lessons from Selected African Countries - To learn more about this author, visit International Monetary Fund's Website.

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International Monetary Fund
(Visit International's Website) The IMF is an international organization of 185 member countries. It was established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial assistance to countries to help ease balance of payments adjustment. Since the IMF was established its purposes have remained unchanged but its operations—which involve surveillance, financial assistance, and technical assistance—have developed to meet the changing needs of its member countries in an evolving world economy.

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