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Journal of Microfinance / ESR Review

Abstract

In bilateral microfinance projects, exit strategies or "hand over" phases generally have not proven very successful. Institutions, groups, or processes designed with the sole purpose of implementing microfinance projects, to the exclusion of promoting post project sustainability, tend to develop vulnerabilities that lead to their programs' failure. To counter this problem, China's Chongqing Comprehensive Poverty Alleviation Project (CCPAP) takes a different tack, designing an exit-strategy approach into its microfinance program from the outset. While still in the design phase, this approach has raised several critical issues that must be resolved, and these comprise the main focus of this paper.

Biography

Larry Hendricks is microfinance specialist with CCPAP and senior consultant and manager of Henricks & Associates.

Section

Articles

Journal Title

Journal of Microfinance

Issue and Volume

5-1

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