Concessional Finance/Loans

Concessional Finance/Loans https://washagendaforchange.org/wp-content/themes/crocal/images/empty/thumbnail.jpg 150 150 Agenda for Change Agenda for Change https://washagendaforchange.org/wp-content/themes/crocal/images/empty/thumbnail.jpg September 28, 2020 October 8, 2020

Concessional Finance/Loans

Source: IRC and water.org

Loans with lower interest rates compared to loans available in the capital market. This type of loan comes with longer maturity periods than the ones offered by commercial loans and a grace period up to 10 years until the loan needs to start being paid back (IMF, 2003).