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LESSONS:

Nepal: Rural Microfinance Project

sector: Finance | country: Nepal

The project completion report (PCR) listed a number of lessons that essentially focus on the importance of capacity building, at all levels, based on a sound understanding of needs. The Independent Evaluation Department (IED) would add the need to ensure that there is a sound understanding of the financial market into which a new player is to be introduced, both to prevent the problems of lending terms, which so delayed the implementation of the Project, and to ensure that the impact of the new player on the existing market is taken into account.

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