Social Impact Incentives for Water, Sanitation and Hygiene
The Social Impact Incentives for Water, Sanitation and Hygiene (SIINC for WASH) is an innovative, results-based financing programme co-designed and implemented by Roots of Impact and Aqua for All. It rewards selected water and sanitation enterprises with time-limited payments for achieving additional social and environmental impact. This additional revenue enables the enterprises to improve their profitability and attract investments. It therefore accelerates their scaling efforts and supports them in reaching self-sustainability. Selected water and sanitation enterprises must raise repayable investment(s) (equity, debt or mezzanine, etc.).
While impact-linked finance is not completely new in the water and sanitation sector, it has barely supported social enterprises and market-based approaches, has not necessarily incentivised sustainability and has rarely focused on leveraging private investments.
A comprehensive impact-linked finance programme
SIINC for WASH showed the great potential for catalysing finance for water and sanitation enterprises. It also revealed the enterprises’ need for capacity building. Some shortlisted enterprises would strongly benefit from pre-SIINC support to be considered for the pipeline. Based on this experience, there are plans to enhance the SIINC for WASH programme to include pre-SIINC support, technical assistance and learnings exchange to increase its outreach and impact.
If you are interested in investing in SIINC for WASH or in knowing more about this innovative financing programme, please contact Aqua for All.
Enterprises receiving SIINC for WASH
aQysta: Water pumps for smallholder farmers
aQysta sells hydro-powered pumps directly to smallholder farmers using a pay-after-harvest model.
Read the interview with Pratap Thapa, CEO of aQysta.Read more about aQysta
KWSH: Clean, affordable water for Cambodian families
Khmer Water Supply Holding (KWSH) provides piped water services to (semi) rural households in Cambodia.
Read the interview with William Puyo, General Manager KWSH.Read more about KWSH
ATEC: Clean cooking and organic fertilisers
Cambodian farmers use ATEC* Modern Biodigester to convert animal manure into organic fertiliser and biogas for clean cooking.
Read the interview with Nikolai Schwarz, Country Director Cambodia at ATEC.
The fourth selected enterprise is active in the circular sanitation economy in Southeast Asia. It will be contracted in Q3 2022.