Blended finance for community water.
Amref Flying Doctors and FMO, the Dutch entrepreneurial development bank, sign the contract that gives the WaterStarters franchise the financial backbone to begin building at scale.Why this matters.
- The franchisee equity, at 15 percent of CAPEX, becomes possible to structure at the site level.
- The loan facility means the platform can commit to sites without waiting for donor cycles.
- The reporting expectations from FMO push us to be more rigorous with our own monitoring, which is not a bad thing.
The paperwork is only exciting to a few of us. The sites it makes possible are exciting to many more.