2 million toilets built and counting! 🚽💪 It's been nearly a month, but the excitement hasn't faded – achieving this feat took tremendous dedication and effort from our team. Ms. Sarbani Bhattacharya Chair of the Supervisory Board at FINISH Mondial, sheds light on how FINISH Mondial has leveraged commercial finance, through microfinance institutions (MFIs) and community finance. She further explained our innovative "diamond approach," through which we collaborate closely with local partners, emphasizing behavioral change communication and community outreach to drive sanitation demand. We provide essential technical and business trainings to local entrepreneurs and masons, thus fortifying the sanitation supply chain. Crucially, our approach refrains from simply funding toilets; instead, we use grant funding to establish an eco-system that finances and builds toilets sustainably. Join us in championing #financialInnovation, fostering #partnershipsforprogress, and advancing towards our #globalgoals. Together, we can make a lasting impact on sanitation and hygiene worldwide! 💧🌍 #SanitationForAll #Sustainability #ImpactInvesting
Chair, Supervisory Board FINISH Mondial, Ms. Sarbani Bhattacharya explains how FINISH Mondial successfully mobilizes commercial finance by leveraging from microfinance institutions (MFIs) and community finance (self-financing). Employing the "diamond approach," it collaborates with local partners, focusing on behavioral change communication and community outreach to spur sanitation demand. Technical and business training for local entrepreneurs and masons further enhances the sanitation supply chain. In a symbiotic relationship with MFIs, FINISH Mondial supports their capacity development and monitors progress in the field, incentivizing results. Key to the FINISH approach is that we do not pay for any toilet but use our grant funding to create an eco-system to finance and build the toilets. Netherlands Embassy in India ISC-India Sanitation Coalition CSIR National Botanical Research Institute Lucknow NABSAMRUDDHI Finance Limited Incofin Investment Management Sonata Finance Pvt. Ltd. Satin Creditcare Network Limited SATYA MicroCapital Limited Abhijit Banerji Saurabh Agnihotri Abhishek Chaudhuri Bonani Roychoudhury Joohi Khushbu Chander Mahadev Aparna Pittie Nimisha Sinha #financialInnovation #partnershipsforprogress #globalgoals