Lessons from experience[, volume] II : the design and implementation of commercial lending projects by AID"s Bureau for Private Enterprise

Based on field assessments, it reports on the impact and cost-effectiveness of nine projects (including both direct credit projects and those that provided credit through commercial financial institutions): Leather Industries of Kenya; Antigua Shrimpery Ltd.; Kenya Commercial Finance Company; WAFABANK (Morocco); Thai Danu Bank; FINADE (Dominican Republic); FINIBER (Ecuador); Far East Bank and Trust (Philippines); and FINANQUIL (Ecuador). Using a simple model of the private sector project cycle, the report identifies 28 lessons that have been learned. Each lesson consists of a research finding, a discussion of the finding, and a recommendation. The lessons cover identification of private sector credit problems, working with local financial institutions, effective project designs, and monitoring and evaluation of commercial credit projects.