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Timor-Leste: independent review of the credit component of the community empowerment project (Английский)

This review analyzes experience with the Community Empowerment Project (CEP) credit component, and draws a number of lessons and general principles. Credit contributed to a revival of rural economic activities, especially petty trading and the supply of manufactured goods, helping to re-establish markets and stimulating production and marketing of foodstuffs and higher-value crops. While CEP was not a financial sector project, its use of credit...
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