Aqua-Aero Water Systems BV and PT Ruhaak Phala Industries combine forces to build water kiosks providing drinking water and energy to poor people in Indonesia. Micro Water Facility, part of the Aidenvironment incubator, provides business development support and attracts financial means.
Aqua-Aero WaterSystems BV (AAWS), founded in 2002, focuses on the development and marketing of sustainable solutions for a variety of water problems. AAWS, Ruhaak and Micro Water Facility are convinced that local entrepreneurship is essential for gaining long term sustainable water solutions. Local entrepreneurs play a vital role to reach that goal: they know the true needs of the local market and can take care of the marketing and sales of the products.
In 2012 the consortium will build 10 till 15 water kiosks producing drinking water for the poor and delivering water to local businesses. Cross subsidizing combined with a lean and mean business model will keep the prices affordable. Micro Water Facility will provide professional support to strengthen the business model and develop social investment proposals to attract financial means.
Social impact investing is on the rim to become main streamed, this will take another 3-5 years, but the trend is clear: more and more high net worth individuals prefer to invest instead of donate, taking a more business wise approach. Investing in Micro Finance Institutions (MFI) is a clear example impact investing pays off, from a financial point of view. However the social and environmental impact of commercial operating MFIs' is not a given fact of their business. Most of these institutes realize they have to improve, so why don't MFIs' invest in water and sanitation?More »