Aqua for All WASH Finance Ethiopia Project Matching Grant Agreement, between DMFI and Fair and Sustainable Consulting

Aqua for All WASH Finance Ethiopia Project Matching Grant Agreement, between DMFI and Fair and Sustainable Consulting

Posted on: 18 Oct, 2024

Aqua for All WASH Finance Ethiopia Project Matching Grant Agreement, between DMFI and Fair & Sustainable Consulting is signed today. The agreement signing ceremony was held at Damu Hotel with the presence of teams from Aqua for All, Fair & Sustainable Consulting, Association of the Ethiopian Microfinance Institutions, CEOs of five (5) Microfinance institutions who actively engaged in the WASH pilot project including DMFI, and other concerned stakeholders.

During the ceremony, DMFI's effort and commitment in promoting and engaging in the WASH Pilot project was highly appreciated by the Heads of Aqua for All, Fair & Sustainable, and AEMFI. It was also disclosed that a revolving credit facility of 2 million Euros will be availed to the 5 MFIs who performed well and committed their own resources during the pilot phase. In addition to the aforementioned revolving facility to be availed in a couple of months, DMFI also secured a matching grant of 37,500 Euros to support its engagement in the WASH project.