FOR THE POOR
Poor and vulnerable households need basic services such as electricity, water, sanitation, health and education, to enable economic development. Despite significant improvements in Latin America and the Caribbean in recent decades, 110 million people in the region still lack sanitation services, 24% of rural population doesn’t have electricity, and roughly 50% of waste is not adequately treated. Quality, affordability, and sustainability are major challenges, even in those areas where services are available.
The MIF solution
The MIF’s goal is to develop market-driven business models to increase the provision of basic services for poor and vulnerable households, with a focus on partnerships and sustainability.
Creative partnerships, small-scale and off-grid solutions and innovative business models can help to reach that “last mile”. Multi-stakeholder alliances that include combinations of public agencies, private firms, NGOs, social businesses, community organizations, and others can help reduce coverage gaps, broaden the range of service providers, and adapt services to the specific needs of the poor and vulnerable. Financial and operational sustainability is a major challenge, but it is vital to ensuring services that last.
The MIF is ready to play a central role in enabling the private sector to contribute to basic services provision for poor and vulnerable households.
Download the brochure: The MIF approach to last mile basic service delivery
What the MIF wants to learn: The knowledge gap
Through pilots and research, the MIF seeks out models that can be financially sustainable and also affordable to poor and vulnerable populations.
The MIF also wants to extract lessons from successful partnerships, identifying the potential roles of communities, civil society, local and central governments and the distribution of risks, as well as analyzing what programs and policies can foster private sector engagement in providing basic services.