In each case, both parties entered into the contract to deepen our understanding of how loans can be beneficial to the SWE sector and how we can build capacity to take on more debt and crowd in additional funding. [...] As a result, we supplemented the loan with funding from an institutional donor and redirected the capital to build two stations that serve 18,000 people in the Boamang and Tetrem communities (both located in the Kwabre district). [...] 8 Using the current exchange rate of 1 USD = 5.8 GHS, the principal would be valued at $66,524 9 C alculated by dividing the original principal of 385,837 to the total capital investment of 544,187 GHS, which includes additional investments of solar panels, house- hold meters, and automatic water dispensers after the sales launch of the station 10 Our Field Service Capability (FSC) maintains the s. [...] The zero-interest loan has a term of five years and finances only the hardware and installation of ATMs, while a grant funds the community engagement and marketing activities. [...] Safe Water Network addressed these issues in several ways: 1) We acquired land that was lent by a vendor; 2) we provided alternative work to vendors to clean the stations; the stations required more cleaning once the customers were operating the taps themselves; and 3) we implemented a slow transition to ATMs, where some customers were given RFID cards to operate the ATM and others used the vendor.
- Pages
- 8
- Published in
- United States of America
