FAST Microfinance Bank, Others Partner On Loan For Clean Water, Sanitation

FAST Microfinance Bank, a starring micro recognition and innovative services provider, successful collaboration with Water.org and the National Association of Microfinance Banks (NAMB), has launched FastWash, a transformative fiscal merchandise designed to springiness millions of Nigerians entree to cleanable water, sanitation, and hygiene.

Speaking during the unveiling of the fiscal merchandise successful Benin, Edo State, the acting managing manager of FAST MfB, Juliet Odigie, said the motorboat was based connected the MfB Board and Management’s steadfast content that fiscal empowerment indispensable spell manus successful manus with societal impact.

According to her, entree to cleanable water, sanitation, and hygiene is not conscionable a basal request but a cardinal close and a cardinal to sustainable development.

Specifically, she explained that the FastWash merchandise was “designed to supply affordable financing to households, tiny businesses (SMEs) and communities seeking to put successful h2o and sanitation solutions, adding that done this initiative, FAST MfB is removing the fiscal barriers that bounds entree to cleanable water, due toilets, and harmless hygiene practices.

The banker further clarified: “With FastWash, beneficiaries tin present Access low-interest loans for h2o and sanitation facilities; Improve their health, productivity, and surviving conditions; and Drive assemblage improvement done amended hygiene.“We recognize that fiscal products indispensable service existent needs. That is wherefore FastWash is not conscionable different loan, it is an concern successful dignity, health, and hope”, she added.

Odigie expressed micro lender management’s appreciation to Water.org, an organisation globally recognised for its committedness to breaking the rhythm of poorness done h2o access, adding that the concern not lone validates FAST MfB’s values but besides demonstrates the powerfulness of collaboration successful delivering affirmative alteration successful Benin City.

She besides commended the NAMB, the FAST MfB’s team, and different stakeholders who made the launching of the FastWash merchandise a world and urged each the partners to proceed to make value, not lone for the MfB’s customers but for the communities they serve.

In his remarks astatine the event, Water.org elder concern relationship manager, Gilbert Okpono, said the FastWash merchandise was the effect of heavy collaboration, rigorous research, and a shared vision: to empower communities, trim disease, and beforehand sustainable living, represented an innovative indebtedness merchandise for the Water, Sanitation, and Hygiene assemblage successful Edo State and Nigeria astatine large, to not conscionable lone conscionable a need, but to alteration lives.

He said: “Access to cleanable water, harmless sanitation, and due hygiene is not a luxury — it’s a basal quality right. Yet, millions inactive look regular challenges successful securing these essentials. That’s wherefore today’s motorboat is much than a merchandise unveiling; it’s a committedness to health, dignity, and progress.”

The enforcement caput of NAMB, Eddy Orok, besides commended FAST MfB for this innovation and the tendency to instrumentality 1 of the SDG goals 6. He assured the nationalist that determination volition beryllium much rollouts of akin products by different MfBs successful the state soon. We are arrogant of our collaboration with Water.org and FAST MfB.