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The Water and Sanitation Program (WSP) has launched an initiative to use microcredits to promote these enterprises. As part of this initiative, the commercial microfinance bank K-Rep Bank provided loans to 21 community-managed water projects. The Global Partnership on Output-based Aid (GPOBA) supported the programme by providing partial subsidies.
Grameen Bank is Bengali for "Rural" or "Village" Bank. [11] He began a research project, together with a national commercial bank and the University of Chittagong, extending microcredit to test his method for providing credit and banking services to the rural poor. In 1976, the village of Jobra became the first to be served by the project.
The project, known by its acronym as KUWASIP (Karnataka Urban Water Sector Improvement Project), was supported by a US$ 39.5 million loan from the World Bank. It constitutes a milestone for India, where no large city so far has achieved continuous water supply. The project is expected to be scaled-up to cover the entire area of the three cities.
The World Bank is collaborating with the Government of Peru through the National Water Resources Management Modernization Project (US$10 million). This project aims at strengthening the institutional capacity for integrated water resources management at the national level and in three river basins namely, Chancay-Lambayeque, Ica-Alto Pampas and ...
Structural adjustment. Structural adjustment programs ( SAPs) consist of loans ( structural adjustment loans; SALs) provided by the International Monetary Fund (IMF) and the World Bank (WB) to countries that experience economic crises. [ 1] Their stated purpose is to adjust the country's economic structure, improve international competitiveness ...
Water management in Dhaka faces numerous challenges such as flooding, poor service quality, groundwater depletion, inadequate sanitation, polluted river water, unplanned urban development, and the existence of large slums. [1] Residents of Dhaka have one of the lowest water tariffs in the world, which limits the utility's capacity to invest.
The documents revealed that the project began in 1998, in complete secrecy within the DJB administration. [179] [180] The DJB approached the World Bank for a loan to improve the water system, which it approved, and the effort began with a $2.5 million consultation loan. The Delhi government could have easily provided the money, and the interest ...
A Revolving Loan Fund (RLF) is a source of money from which loans are made for multiple small business development projects. Revolving loan funds share many characteristics with microcredit, micro-enterprise, and village banking, namely providing loans to persons or groups of people that do not qualify for traditional financial services or are ...