01890cas a2200265 a 4500 AALejournalIMF003214 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451858723 1018-5941 BD-DhAAL BD-DhAAL Blavy, Rodolphe. Microfinance in Africa : Experience and Lessons From Selected African Countries / Rodolphe Blavy, Anupam Basu, Murat Yulek. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (24 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Based on the experience of selected countries, this paper offers a critical presentation of the development of the microfinance sector in Africa. The paper supports the view that microfinance institutions, especially those engaged in full financial intermediation, complement effectively the banking sector in extending financial services and successfully draw on the rich experience of community-based development and preexisting informal methods of financial intermediation in Africa. Growing linkages between microfinance institutions and the banking system and the dissemination of good practices by nongovernment organizations contribute to the sound development of the sector, supported by regulation and supervision by local authorities. Mode of access: Internet Basu, Anupam. Yulek, Murat. IMF Working Papers; Working Paper ; No. 2004/174 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/174/001.2004.issue-174-en.xml IMF e-Library