Deadline: 10 September 2023
Aqua for All and Roots of Impact are looking for impact enterprises within the water, sanitation and hygiene (WASH) sector to provide them with Impact-Linked Loans to help them scale, in both business and impact terms.
Impact-Linked Loans are available for water and sanitation enterprises operating in Eastern or Southern Africa.
Impact-Linked Loans are the newest financing instrument offered through the Impact-Linked Fund for WASH. These uncollateralised loans allow impact enterprises to access capital at concessional conditions, by connecting the impact generated with better terms.
Loan Terms
- Loan size: EUR 200K
- Tenor: 3-5 years
- Loan fees: none
- Grace period: +1 year possible
- Repayment schedule: Half yearly or yearly.
Which enterprises are eligible for an Impact-Linked Loan?
- Eligible enterprises must provide solutions to water, sanitation and hygiene challenges in either Eastern or Southern Africa. They can have any legal form but must be at a growth stage of development. This means they should have a defined product offer, a base of paying customers and a business track record of at least 3+ years.
- Eligible enterprises must possess financial stability by having achieved break-even/ profitability or are underway to achieve them in the short-term. The enterprises should prove their financial capacity to repay the loan as well as their track record on delivering impact through an established impact measurement system.
For more information, visit Aqua for All.
