|
The programme
aims at softening the lending conditions for improved sanitation, so as to make
it affordable to the clients and for the micro-finance institutions.
Affordability will be pursued through the programme partners negotiating for
lines of credit from (inter)national banks, applying lower interest rates and
longer loan repayment periods.
Women are at the vanguard of social
transformation. The implementing partners (MFIs) nearly all lend exclusively to
women. The self-help groups (SHGs) are all women. These women are entrepreneurs
responsible for saving and accessing credit. Access to economic independence can
change the long tradition of suppression of women and denial of opportunities.
At the same time
micro-finance institutions will be stimulated to develop sanitation loan
products using the World Bank developed Output Based Aid model. Small subsidies
will be payable to micro-finance institutions on the basis of them reaching
agreed upon targets. Sustainable sanitation will be pursued through
institutional strengthening of micro-finance institutions’ (and their local
partners) sanitation capacity. SNS-REAAL will provide technical expertise in the
financial engineering and WASTE will give support in sanitation.
Developing,
modifying, testing and implementing new financial products and micro insurance
is viable only on an adequate scale of operation. The target has therefore been
set at improved sanitation for 1,000,000 households.
The goal of the
program is to improve sanitation and thereby, living and economic conditions of
poor rural and peri-urban households, through economic incentives, primarily
enhancing financial inclusion of these households.
As a result, the
programme will provide 1,000,000 improved sanitation systems (as defined by the
MDGs) in rural and semi urban areas in different states of India in 5 years.
Social Mapping
|
