The Use of Traditional Microfinance Method as an Innovative Approach to the Development of Obizi Regional Water Supply Scheme in Aguata, Nigeria
Volume 1, Issue 3, November 2013, Pages: 18-25
Received: Aug. 31, 2013;
Published: Nov. 10, 2013
Views 3205 Downloads 232
E. E. Ezenwaji, Department of Geography and Meteorology, Nnamdi Azikiwe University, Awka
I. C. Enete, Department of Geography and Meteorology, Nnamdi Azikiwe University, Awka
The aim of this study was to assess the use of traditional microfinance method as an innovative approach to the development of Obizi Regional Water Supply Scheme in Aguata, Nigeria. Towards achieving the aim, data were generated through the use of questionnaire between January and April 2013 and others from secondary sources. Some of the variables employed are amount of money contributed monthly through microfinance approach for the development and extension of the scheme, the population of water consumers in the area, government assistance, daily water consumption amount, cost of developing water infrastructure etc. Data were analysed by the use of factor scores from the Principal Component Analysis to establish the performance of this innovation in all the component communities that benefited from the water scheme. Principal Component Analysis (PCA) output revealed that the innovation is performing well in some communities but not in some others. Suggestions recommended include persistent mobilization of community members, better method of loan distribution and involvement of women in the microfinance processes etc.
E. E. Ezenwaji,
I. C. Enete,
The Use of Traditional Microfinance Method as an Innovative Approach to the Development of Obizi Regional Water Supply Scheme in Aguata, Nigeria, Hydrology.
Vol. 1, No. 3,
2013, pp. 18-25.
Agbenotheri, M. and Fonesca, C. (2005). Local Financing Mechanisms for water supply. Background Report for WELL Briefing Note 16: WELL Resource Centre Network for Water Sanitation and Environmental Health.
Barenberg, A. (2009). Microfinance for Water and Sanitation: A case study of Tiruchirappalli, India. Refereed Paper Presented at the 34th WEDC International Conference, Addis Ababa, Ethiopia.
Davis, A. and Tinsley, J. (2013). Water Credit: A case study of Microfinance for Household water and Sanitation improvements in India and Kenya. A paper delivered at the 36th WEDC International conference Nakuru, Kenya, July 1-5.
Degabriele, J. (2002). Improving community Based management of Boreholes: A case study of Malawi. BASIS, University of Wisconsin-Madison, USA.
Ezenwaji, E.E. and Otti, V.I. (2013). Women and Microfiancing of Water and Sanitation in Communities with Expanding Population in Nigeria. Refereed Paper Presented at 36th WEDC International Conference Nakuru, Kenya, July 1-5.
Ezenwaji, L.N. (2011). Surface Electrical Resistivity Investigation of Groundwater Resources in Aguata L.G.A. Occasional paper 2, Ministry of Public Utilities and Water Resources, Enugu, Anambra State.
Ezenwaji, L.N. and Ezenwaji, E.E. (2010). Advances in Rural Water and Sanitation in Parts of Aguata Local Government Area, Anambra State: A case study of Obizi Regional water supply. A refereed paper presented at 2010 water Africa and West Africa Building and Construction Seminar and Exhibition, 28 – 30 April, 2010 at the Abuja international Conference Centre.
Harvey, P. and Reed, B. (2004). Rural Water Supply in Africa – Building Blocks for Hand Pump Sustainability. Publication of WEDC, Loughborough University, U.K.
Harvey, P.A. and Reed, R.A. (2003). "Sustainable Rural Water Supply in Africa: Rhetoric’s and Reality in Harvey, P.A. (ed.) Proceedings of 29th WEDC Conference, Abuja Nigeria.
Hulton, G. (2012). Global Costs and Benefits of Drinking Water supply and Sanitation Interventions to reach the MDGs Target and Universal Coverage. WHO document production service, Geneva, Switzerland.
Orajiaka, I.P. (1988). Water resources Potentials and Problems in Developing Rural Communities: A case study of Aguata L.G.A. of Nigeria (unpublished paper).
Parry-Jones, S., Reed, R. and Skinner, B.H. (2001b). Sustainable Hand Pump Projects in Africa. Draft Guild lines for Field Evaluation of Hand Pump Projects. WEDC, Loughborough University, U.K.
Seibel, H.D. (2000). Informal Finance: Origins, Evolutionary Trends and Donor Options. IFAD Rural Finance Working paper series, No. A3.
Steel, W. and Andah, D. (2003). Rural and Micro Finance Regulation in Ghana: Implications for Development and Performance of Industry. African Regional Working Paper Series No. 49.
Sutton, S. (2002). Community Led Improvements of Rural Drinking Water Supplies SWL consultants: Shrewsbury, U.K.
Winpenny, J. (2003). Financing water for All: Report of the work panel of Financing water infrastructure World Water Council.