Overview
DLI 8: Amount of financing leveraged by WSPs from private/commercial financing sources
US$ 1 of the total bankable project cost for the investments in a WSP’s PIAP for every US$ 1 financed through one or more commercial financing agreements that the WSP has secured to finance the bankable project cost for the investments
Disbursement will be made for each of the 33 WSPs that manages to secure commercial financing to fund the costs of investments (bankable projects) included in each WSP’s approved PIAP, that are intended to contribute to improvements in that WSP’s OCCR. DLI 8 provides matching interest free returnable funds for each qualifying WSP at US$ 1 of the total bankable project cost for the investments in their PIAP for every US$ 1 financed through one or more commercial financing agreements that the WSP has secured to finance the bankable project cost for the investments. Disbursement may not exceed 50% of the total bankable project cost for the investments in their PIAP. The blended financing will be available throughout the program period and a WSP can benefit more than once.
Eligibility Criteria for Disbursement
Disbursement will be made for each of the 33 WSPs that manages to secure commercial financing to fund the costs of investments (bankable projects) included in each WSP’s approved PIAP, that are intended to contribute to improvements in that WSP’s OCCR. DLI 8 provides matching interest free returnable funds for each qualifying WSP at US$ 1 of the total bankable project cost for the investments in their PIAP for every US$ 1 financed through one or more commercial financing agreements that the WSP has secured to finance the bankable project cost for the investments. Disbursement may not exceed 50% of the total bankable project cost for the investments in their PIAP. The blended financing will be available throughout the program period and a WSP can benefit more than once.
Verification Protocol – IVA Procedure
The IVA shall carry out a desk-based review of:
(i) WSP financial records including commercial financing agreements to verify the amount of commercial funding leveraged
Make sure you have carefully reviewed all eligibility criteria and have all required documentation ready. If you meet all the criteria outlined above, click the submit button to proceed to the submission portal.
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