To expand the gains of the project we seek to empower all our future trainees with micro-finance and making them become part of an extended team/network that creates access to clean drinking water for local households in order to effectively alleviate poverty and contributing directly to the Millennium Development Goals (MDGs). To achieve this, we have signed a memorandum of understanding with some micro-finance institutions in each of the states where we work.
Besides the youths, the strategy will also now support vulnerable women and children of poor neighbourhoods across Nigeria to overcome the basic obstacle posed to their social and economic development by poor access to water and sanitation through the leverage of microfinance targeted at building critical water and sanitation infrastructure , as well as assisting them to acquire critical skills vital in managing these infrastructures through planning, design and operational practices desired in meeting their short and long term WASH needs.
It became imperative to get a micro-credit scheme in place with an interest rate that is affordable to the beneficiaries in order to safeguard the investment, make it meaningful and revolve its reach to future trainees. By doing this we aim to protect the money as well as aiding the building of critical water and sanitation infrastructure such as water wells, boreholes, eco-sensitive latrines, as well as the filter manufacturing business, enabling it to flourish and achieve its objective. By enabling target youths and women access to ‘proofed’ finance, the impact of the project would easily be further felt while the local economy would be tremendously energized through job creation.
By developing this model, we seek to create an enabling environment where poor communities, households, men, women and the youths with altruistic virtues, vocational aptitude and a burning desire to succeed, but without financial resources to actualize these cravings are supported in an economically viable structure to help achieve the Millennium Development Goals-Clean water target. This model is all about empowerment and we intend to do it right, by being there for these men, women and youths and supporting them to be an effective link in our work’s objective of creating shared value.
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