Advani, Rajesh2012-08-132012-08-132010-11https://hdl.handle.net/10986/10463This 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.CC BY-NC-ND 3.0 IGOACCESS TO FINANCEACCESS TO MARKETACCESS TO WATERADVISORY SERVICESAVERAGE MONTHLY WATER BILLBALANCE SHEETBANK LENDINGBENEFICIARIESBORROWERBORROWINGBUSINESS DEVELOPMENTBUSINESS DEVELOPMENT SERVICESCASH FLOWCASH FLOWSCOLLATERALCOMMERCIAL BANKCOMMERCIAL LENDERSCOMMUNITY GROUPSCOMMUNITY WATERCONTRACT MANAGEMENTCOOPERATIVESCOST SAVINGSCREDIT ANALYSISCREDIT APPRAISALCREDIT GUARANTEECREDIT RISKCREDIT RISK ASSESSMENTCREDITWORTHINESSCUBIC METERCUBIC METERSCUSTOMER BASEDEBTDEBT SERVICEDEBT SERVICE PAYMENTSDEMAND FOR WATERDISBURSEMENTDISBURSEMENTSDOMESTIC MARKETDONOR FUNDSDONOR RESOURCESECONOMIES OF SCALEEMERGING MARKETSENABLING ENVIRONMENTFARMERSFINANCE COSTSFINANCIAL TRACK RECORDFINANCIAL VIABILITYGOVERNMENT GRANTSHOUSEHOLDSINDIVIDUAL CONNECTIONSINFRASTRUCTURE FINANCEINFRASTRUCTURE INVESTMENTINTEREST COSTSIRRIGATIONLEGAL FRAMEWORKLEGAL RIGHTLENDERLENDING DECISIONLOANLOAN APPLICATIONSLOAN PRODUCTLOAN REPAYMENTMANAGEMENT OF WATERMANAGEMENT OF WATER SUPPLYMANAGEMENT OF WATER SUPPLY SYSTEMSMARKET FINANCEMICROFINANCEMICROFINANCE LENDINGMICROFINANCE SECTORMONTHLY WATER BILLSNUMBER OF CONNECTIONSOPERATING COSTSOPERATORSOUTSTANDING DEBTPARTIAL CREDITPIPED WATERPIPELINEPOTABLE WATERPRESSUREPRICE OF WATERPRIVATE OPERATORPROVISION OF WATERPROVISION OF WATER SUPPLYPROVISION OF WATER SUPPLY SERVICESPUBLIC UTILITIESREGULATORY OVERSIGHTREPAYMENT PERIODRISK OF DEFAULTSANITATIONSANITATION SERVICESSERVICE PROVISIONSHALLOW WELLSSOFT LOANSSOURCES OF WATERSUPPLY OF WATERTECHNICAL ASSISTANCEUTILITIESUTILITY OPERATIONSWATER CONNECTIONSWATER INFRASTRUCTUREWATER POINTWATER PROJECTSWATER RESOURCEWATER SALESWATER SERVICESWATER SOURCESWATER SUPPLYWATER SUPPLY SERVICESWATER SUPPLY SYSTEMSWATER SYSTEMSWATER TREATMENTWATER UTILITYWELLSWorld Bank10.1596/10463