Co-op Bank: Results-Results-based Loan Program for Efficiency Infra Projects (NRW, Energy, Last Mile) for WSPS - Aqua for All

Co-op Bank: Results-Results-based Loan Program for Efficiency Infra Projects (NRW, Energy, Last Mile) for WSPS

Loan Program targeting Efficiency Improvement infrastructure projects

Project summary

In November 2024, Aqua for All announced a new partnership with the Co-operative Bank of Kenya (Co-op

Bank) to support water infrastructure investment projects that enhance the efficiency of water service providers in the Country. Through a results-based financing mechanism, Co-op Bank will finance up to fifteen (15) infrastructure projects aimed at reducing water losses – commonly referred to as Non-Revenue Water (NRW) – and reducing energy costs through the transition to green energy sources, as well as extending coverage with last-mile (household) connectivity. Water.Org, a US-based Nonprofit, shall provide technical assistance grants to water providers to develop bankable project proposals for consideration by the Co-op Bank. Through this program, an estimated 50,000 people will have access to new/or improved water and sanitation services by October 2027.

· Sidian Bank Loan program for MSMEs – with Climate and Gender Nexus. In Oct

Countries:
Kenya
Partners:
Start date:
01-Nov-2024
End date:
31-Oct-2017