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Water Portal / Rainwater Harvesting / Business Development - Micro-financing

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→‎Description & results

RAIN has implemented 3 pilots on microcredit and rainwater harvesting since 2010 in Nepal and has carried out feasibility studies on the potential of micro-finance in Burkina Faso and Senegal. In Nepal, RAINs partner [http://www.bspnepal.org.np/ BSP-Nepal] has succeeded to reduce the subsidy amount by 25%, which is now a small loan. Loans are being repaid and first outcomes are promising. An evaluation was carried out by [http://www.waste.nl/ WASTE] in 2012, which showed that micro-finance is indeed a feasible option for financing rainwater harvesting systems. In addition, a Masters student from VU University Amsterdam carried out a more qualitative research on microcredit and rainwater harvesting in Nepal.

Based on this study, RAIN is currently developing a business plan (also see Sustainable Financing Tool) to scale-up upscale its activities in Nepal and introduce sustainable ways of financing rainwater harvesting in other country programmes. A short guide (2-3 pages) will be developed based on information from Nepal, Burkina and Senegal. It will showcase RAIN's activities in financing and create a platform for discussion and sharing practices on rainwater harvesting.

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