MoU signed between InM and Water.Org on “Pilot of a WaterCredit Adoption (WCAD) Program”
InM and Water.Org has signed a Memorandum of Understanding (MoU) on 01 June 2021 to jointly provide technical support to WaterCredit programme-MFIs (WCP-MFIs) covering capacity building, performance based incentives, in country/oversee exchange visits and other support for implementing the WaterCredit Adoption (WCAD) model by the partner MFIs. The overall objective of the programme is to implement the WCAD model by the partner WCP-MFIs through providing vulnerable people with affordable loans for developing quality water and sanitation facilities. More specifically, the programme will help develop organisational capacity of the MFIs through technical support provided by InM. In addition, it will build the implementation capacity of WCP-MFIs to reach more customers at the BOP through the WCAD model. As a result, it will improve hygiene behaviours of the beneficiaries by educating them to avail improved water and sanitation products. Dr. Mustafa K. Mujeri, Executive Director, InM and Mr. Rachel Brumbaugh Overton, Director, Global Operations, Water.Org signed the MoU on behalf of their respective organisations.