FINISH Mondial will provide innovative blended finance to scale access to safely managed sanitation, contributing to healthier, economically empowered communities in Ethiopia.
P4G has provided the partnership with US $149,970 in catalytic grant funding.
FINISH Mondial will grow its proven Diamond model approach to improve access to safe sanitation to communities in Ethiopia. The model brings together key local stakeholders to work in partnership to overcome the barriers associated with scaling safe sanitation services. This includes onboarding communities willing to pay for improved sanitation, mobilizing financial institutions to create a sustainable sanitation and hygiene loan products, supporting entrepreneurs develop affordable and innovative sanitation options and collaborating with the government to influence an enabling policy and regulatory environment. This will result in the financing of sanitation infrastructure in Ethiopia, while raising awareness and demand for sanitation services.
FINISH Mondial expects to strengthen supply and create an enabling environment to solve both rural and urban sanitation challenges for households and institutions. During P4G’s funding period, this partnership seeks to build and make available 3,500 new sanitation facilities while creating 238 direct jobs for individuals residing in the communities. It particularly will focus on an increased involvement of the private sector in the sanitation sector.
In the long term, FINISH Mondial aims to increase the use of improved sanitation facilities, increase private sector participation and encourage financial institutions to incorporate sanitation loans to households and private sector as part of their loan portfolio.