News articles

The Challenge Fund is open for applications!

July 11, 2023 | 1 min read

The Challenge Fund facilitates revenue-based loan financing for small-scale water providers in Kenya.

The Challenge Fund facilitates revenue-based loan financing for small-scale water providers in Kenya.

The fund aims to improve the creditworthiness of small-scale water providers to attract loans for micro to medium infrastructure projects to expand and improve services. The loan size will range from KES 300,000 to KES 10 million.

The Challenge Fund is a partnership between Aqua for All, Sidian Bank and Family Bank, and Smart People Africa  (SPA). It aims to support up to 150 small-scale water providers in Kenya and raise KES 330 million (€2.7 million). Besides a loan, selected enterprises could receive up to 20% in grant subsidy from Aqua for All based on pre-agreed results, and a technical assistance grant to develop their projects and loan applications.

For more information, please download the briefer of the Challenge Fund or the Call for proposals.

![](https://aquaforall.org/wp-content/uploads/2023/07/Challenge-Fund-Call-for-Proposal-final-design.pdf)

August 7, 2023 | 1 min readCall for applications: Impact-Linked LoansThe inaugural call for applications for Impact-Linked Loans was launched on 7 August 2023.June 12, 2023 | 2 min readAqua for All launches the Challenge Fund: A game-changing blended finance structure for small-scale water providers to increase water access in KenyaIn partnership with Family Bank, Sidian Bank and private sector service providers in Kenya, Aqua for All is proud to announce the launch of the Challenge Fund, a pioneering blended finance structure to accelerate access…

Latest stories

View all
  • News articlesOctober 29, 2026 | 2 min read

    Rewarding what changes lives: Impact-Linked Finance in action

    How can finance help enterprises deliver greater impact? Aqua for All has used Impact-Linked Finance to reward water and sanitation enterprises for achieving measurable impact.

    Read more
  • News articlesOctober 7, 2026 | 10 min read

    Reaching the most vulnerable through innovative investment approaches - World Water Week reflections

    At World Water Week 2026 in Stockholm in August, Aqua for All hosted a session on ‘Reaching the most vulnerable through innovative investment approaches’ together with our partners.

    Read more
  • News articlesAugust 18, 2026 | 3 min read

    World Water Week 2026

    Join us at World Water Week 2026 in Stockholm.

    Read more