Effects Of Blended Finance On Access To Water In kenya
International Journal of Development Research
Effects Of Blended Finance On Access To Water In kenya
Article History: Received 17th October, 2020 Received in revised form 22nd November, 2020 Accepted 09th December, 2020 Published online 30th January, 2021
Copyright © 2021, Eunce Wambua Mbinya and Olanrewaju Isola Fatoki, 2021. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited
This study aimed at establishing the effect of blended finance on access to water in Kenya. The study was guided by three specific objectives namely to; determine the effect of the private sector funding on access to water, evaluate the effect of public sector funding on access to water and establish the effect of donor funding on access to water in Kenya. The descriptive research design was used in the study. Senior officers from the 9 water services provider implementing blended finance in Kenya were interviewed. To gather primary data, a semistructured questionnaire (with both close-ended and open-ended questions) was used. From the survey, qualitative as well as quantitative data were derived. Multiple linear regression model was used to explore the relationship between the dependent variable and the independent variable. The study found out that Private sector funding has a negative but significant effect on access to water. Public sector funding has a positive but insignificant effect on access to water while donor funding has a positive and significant effect on access to water. The study, therefore, recommends that the government should use its influence to mobilize private financing from financial institutions to help in the financing of the water projects in the country. The government should also increase its funding to the water sector to improve the water infrastructure and thereby enhance access to water in Kenya. This way, the donors will be able to come in, to supplement the governments’ effort in enhancing access to water.