SIINC for aQysta - Aqua for All

SIINC for aQysta

Scale - Finance for WASH

Project summary

aQysta is a Netherlands-based impact enterprise, providing hydro-powered pumps to smallholder farmers in Asia and Sub-Saharan Africa, allowing better irrigation of their fields. While the pumps are mostly meant for farming, the water can also be used for other purposes, such as sanitation and hygiene.

Most of aQysta’s revenues to date come from Business to Government (B2G) and Business to Business (B2B) contracts and projects, but the enterprise is planning to strengthen their Business to Customer (B2C) sales by enhancing their pay-after-harvest model.

Given that in the short term, the B2C model is both riskier and less commercially attractive, Social Impact Incentives (SIINC) model aims to support the enterprise in overcoming the tension between their economic and impact goals. SIINC’s additionality is focused on incentivising the enterprise to increase the percentage of pumps sold via the pay-after-harvest model, as well as the income increase benefits that arise hereby.

Countries:
India
Indonesia
Malawi
Nepal
Partners:
Start date:
01-May-2021
End date:
30-Jun-2025