finish presentation 1 all about finish
DESCRIPTION
sanitation project in IndiaTRANSCRIPT
Financial INclusion Improves Sanitation and Health
FINISH: The Project
Financial INclusion Improves Sanitation and Health
Expanded
F Financial IN InclusionI ImprovesS Sanitation &H Health
Financial INclusion Improves Sanitation and Health
Origins
Late 2008 ConceivedMarch 2009 ConceptualizedOctober 2009 Implemented
March 2014 Anticipated closure
Financial INclusion Improves Sanitation and Health
Founding Partners
WASTE Environment & Waste Management NGOHollandSNS REALL Assurance Company HollandUNU MERIT University HollandTata-AIG Insurance CompanyIndia BISWA Micro-Finance Institution & NGOIndia
Financial INclusion Improves Sanitation and Health
Vision , Mission and Goal
VisionVisible change in sanitary, hygiene and health standards
Mission Creating sanitation awareness among the people Enabling the financially excluded to access credit to build toilets
GoalImproved sanitation for I million households by 2014.
Financial INclusion Improves Sanitation and Health
FINISH PhilosophyFinancial Inclusion
• Overall: Use micro-credit and micro-insurance as
financial incentives for behaviour change in sanitation
• Sanitation can affect and be affected by micro-finance
• But micro-finance is micro-credit plus micro-insurance
• Preferential access to household insurance reduces delinquency risk – and thus makes more and friendlier microcredit available
Financial INclusion Improves Sanitation and Health
• Create a demand for a sanitation micro-loan
• Show a toilet is a livelihood asset - not just a health
asset
• Move towards priority sector lending – home
improvement
• Stress re-finance possibilities
• But beware moral hazards of sanitation loans by
evolving procedures to suit
Micro-credit & Sanitation
Financial INclusion Improves Sanitation and Health
• Sanitation can impact the availability of life and
health micro Insurance
• Claims data that validate health benefits of
sanitation can monetize sanitation assets
• Long term goal: A primary care product with
underwriting based on sanitation
Micro-insurance & Sanitation
Financial INclusion Improves Sanitation and Health
FINISH PhilosophySafe Rural Sanitation
• Overall: Sustainable development of safe rural
sanitation • But safe sanitation not just for dignity, convenience
or aesthetics alone – but for (1) monetized health benefits and (2) pride of ownership
• Safe sanitation means paying careful attention to
details: e.g., for design and construction:• Soil and Topography• Water sources and table• Water availability
Financial INclusion Improves Sanitation and Health
FINISH PhilosophySafe Rural Sanitation
• Safe sanitation also means creating awareness and changing habits, through• IEC: Mass-media and face to face communication• Continued monitoring of usage…. • Stakeholder capacity building that reiterates key
messages• Emphasis on recycle and reuse possibilities
• Safe sanitation also means encouraging innovation: e.g., SIF /donor tie ups
Financial INclusion Improves Sanitation and Health
FINISH PhilosophySafe Sanitation
Since urban sanitation is resource-intensive: • Expensive sewerage lines and centralized STP• More water for flushing• Greater energy use
Does not recycle or recover nutrientsAnd yet is subsidized• Fiscal benefits on housing loans• State-owned sewerage lines and treatment
plants
Is there a case for asking governments to subsidize the treatment system (construction of pits) in rural decentralized sanitation systems?
Financial INclusion Improves Sanitation and Health
FINISH PhilosophyHealth
• Micro Health Insurance is a self-fulfilling prophesy!• Densities crucial for health impacts of improved
sanitation – hence access to credit angle is critical! • Annual cost of poor sanitation = potential savings
due to improved sanitation & hygiene:• Household–level: 34% reduction in annual
diarrheal incidents with hand washing• National-level: Rs 2 lakh crores (6.4% of India’s
GDP)
Financial INclusion Improves Sanitation and Health
Significance of DensitiesFinancial Inclusion•Lowers operational costs•Insurance and health schemes follow Law of large numbers •Sustains demand due to higher visibility and demonstration effectsSanitation•Enhances awareness creation enhanced•Improves construction quality and makes it more uniform•Encourages the use of alternative materials •Lowers costs of monitoring usageHealth
Imperative Surveying
GeneralStrategic impact to partner and FINISH Society … community engagement
Financial INclusion Improves Sanitation and Health
FINISH Methodology
Partnering with Government
Project Management Board with NABARD & NHB
Project implementation Team
Academic monitoring & evaluation and resource base
Financial Engineering Working with partners: selection, enlistment,
capacity building and engagement
Financial INclusion Improves Sanitation and Health
FINISH Program Support
• Animator Allowance• Coordinator
Allowance• IEC materials supply
and dissemination• Technology ,Training
and capacity building• Baseline Survey
• Output Based Aid• Sanitation Investment
Fund• Financial Inclusion
Linkages with Financial Intermediaries
• Linkages with other donors
• Advocacy
Financial INclusion Improves Sanitation and Health
Challenges
MFI Crisis … liquidity , Change in Grassroots Model…
Priority sector status … Malegam
Government program Linkages , Capital/Interest Subsidy
Control of Moral hazards vis a vis Scale of operation
Insurers interest ?
Cost Inflation
Rising Interest rates regime
Absence of Pull factor
Data Inconsistencies
Financial INclusion Improves Sanitation and Health
Current Status1.30 lakh Safe Sanitation Systems currently being verifiedEight implementation partners across six StatesSociety MFI NBFC MFITrust MFINGO managing SHG FederationIEC
Film ‘Lets make it Right’ in five regional languagesBackend engineering in progress
Stakeholder meet on IEC and responsible investing Training and capacity building modulesDonors and financing partnersSIF pilots
Financial INclusion Improves Sanitation and Health
The Way Forward
De-risking --- PIT …. More than 50 partners by EOP
FINISH Society
Insurance linkages
CSR Linkages
FI and Bank linkages
Advocacy
Improved capacity building
Partner Engagement
Financial INclusion Improves Sanitation and Health
For more information
Please visit www.finishsociety.com
Or email [email protected]