Friday, 1 March 2019

Singapore investor pours US$500,000 into clean water in Cambodia


Nexus for Development, a Southeast Asian impact investor, is funding a new project to alleviate Cambodia’s water crisis.
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.

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