Publication: Using Market Finance to Extend Water Supply Services in Peri-Urban and Rural Kenya
This smart lesson explains how donor funds have been used to leverage domestic market finance and equity for investment in small piped water infrastructure in the peri-urban and rural areas of Kenya. Given the immense pressure on government and donor resources to achieve the Millennium Development Goals (MDGs), this approach shows that leveraging donor funds not only increases the volume of investments financed but improves the sustainability of these investments by linking debt service to system functionality.
“Advani, Rajesh. 2010. Using Market Finance to Extend Water Supply Services in Peri-Urban and Rural Kenya. IFC Smart Lessons Brief. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/23d3aba2-44a3-5aaa-8e9c-471822f32793 License: CC BY-NC-ND 3.0 IGO.”
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PublicationIFC at an Inflection Point : Time for a New Business Delivery Model?(World Bank, Washington, DC, 2012-12)As International Finance Corporation (IFC) continues to further scale up its operations, seeking to deliver more development impact, could it be in danger of inadvertently becoming an increasingly slower and higher-cost delivery mechanism, and thus a less relevant change agent? This smart lesson, growing out of the author's observations during 32 years with IFC, proposes an alternative business delivery model with particular relevance to fragile states and frontier regions in middle income countries, in hopes of sparking a lively and productive debate around how IFC defines, delivers and measures success in its poverty reduction effort.
PublicationHow to Revamp a Business Edge Program : The Case of Ghana(World Bank, Washington, DC, 2012-11)IFC aims to strengthen the overall business environment by providing local markets with management training programs aimed at small businesses, such as Business Edge. IFC signs cooperation agreements with local business development service providers to deliver this interactive learning program. The hoped-for result is that the beneficiaries of training will run more efficient businesses and the overall economy will improve. This Smartlesson shares the lessons learned while revamping the Business Edge program in Ghana. The overhaul was achieved by clearing up training providers' misinterpretations about the program and empowering them to deliver it, defining a clear strategy for the program, shedding all but the top performing local providers, giving providers chances to network with potential clients, lining up some business for the providers, and exerting strong quality control over the program.
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