We provide technical assistance in the form of capacity towards FINISH Society, aimed at promoting sustainable and equitable development of sanitation, hygiene & waste management sector by generating awareness along with economic incentives and thereby, improving lives of poor rural and peri-urban households. This started in India and is now being expanded into other countries and regions.
There is no specific Technical Assistance budget for investments made through the ACTIAM Institutional Microfinance Funds nor the ACTIAM-FMO SME Finance Fund. In our SME proposition our investment manager FMO offers TA where applicable. In our Microfinance proposition, we just approved (2018) and disbursed (2019) a fist transaction to an MFI whereby we adopt a safe sanitation use of funds clause in the loan documentation. In order to facilitate the execution, we approached an organisation with local expertise who can help the MFI with the execution of the sanitation loans. In addition, there is a financial incentive for the MFI to meet the impact targets. We aim to build more similar partnerships going forward in order to contribute to improved financial inclusion and at the same time, target other important environmental and social themes. As such, we aim to be a linking pin for TA projects, rather than a TA provider ourselves.