
From Exchange Announcements...
K-Rep Bank has unveiled a multi-million shilling water supply financing initiative aimed at developing a market-based alternative for funding in the sector. The programme, known as Maji ni Maisha, blends a market-based credit model with subsidies. The bank has committed Sh110 million for 21 schemes in Kiambu, Thika, Kajiado, Makueni and Machakos in the pilot phase. Out of this commitment Sh71 million has been disbursed to 11 water schemes, where the communities are now enjoying access to clean, piped and metered water. Read the complete article here.