An increasing number of countries are developing national microfinance strategies, bringing the topic to the forefront of national development priorities. Over 30 countries, most in Africa, now have such strategies. This trend appears to be fueled by microfinance's heightened visibility and new development modalities that favor sector-wide approaches and policy work. Developing a national microfinance strategy usually involves four stages: (i) conducting a diagnostic/gap analysis of the microfinance sector; (ii) consulting with stakeholders (more or less extensively); (iii) drafting a document, usually by a consultant in cooperation with government; and (iv) adopting and implementing the strategy, including approval by a governmental body and, in some cases, defining action steps to put the strategy into practice.
Details
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Author
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Document Date
2008/01/01
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Document Type
Brief
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Report Number
45100
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2010/07/01
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Disclosure Status
Disclosed
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Doc Name
Les strategies nationales de microfinance
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Keywords
access to finance, central bank, CGAP, commercial banks, Credit Cooperatives, financial access, financial health, financial infrastructure, financial sector, financial services, financial systems, insurance, leadership, mainstreaming, Microfinance, microfinance sector, national development, political economy, Postal Authority, regulatory framework, regulatory reforms, Savings
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Citation
Duflos,Eric Bertrand Pierre Glisovic-Mezieres,Jasmina
National microfinance strategies : Les strategies nationales de microfinance (French). CGAP brief Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/982901468330345365/Les-strategies-nationales-de-microfinance