Nexus for Development, a Southeast Asian impact investor

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  • 13 Feb 2019 12:00 AM
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Singapore-Based Firms Invest in Clean Water in Cambodia

A Singapore-based impact investment network is to pump half a million dollars into clean piped water for Cambodia’s rural population. Nexus for Development, through its debt-financing arm The Pioneer Facility, signed a deal to provide a collateral-free loan for Khmer Water Supply Holding (KWSH), a social enterprise that delivers piped water to remote areas in Cambodia, where only 8.5 per cent of households are connected to a water system. The fund was raised through other investors like conservation organisations French Facility for Global Environment, the Lorinet Foundation, and Phitrust Asia. The fund will be used to buy two additional piped water stations to provide water to about 12,500 households. It will also construct water treatment plants, hire staff, purchase new water sources and install equipment such as pipelines to households. Nexus has previously provided funding for other impact investment projects like solar-powered pumps in the Philippines, water filters in Indonesia, and clean cook stoves in Laos.

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