Ekondo Microfinance Bank Partners Toiletpride to Finance Sanitation Solutions for Low-Income Families in Cross River
By TheInvestigator Ekondo Microfinance Bank (Ekondo MFB), a leading microfinance institution headquartered in Calabar, has expressed strong enthusiasm for a groundbreaking partnership with Toiletpride Initiative aimed at tackling the sanitation crisis in Cross River State. The partnership, "Sanitation Financing for Low-Income Families in Cross River State," outlines a strategic collaboration to provide affordable loans for household toilets and to support small sanitation businesses. Cross River State continues to grapple with significant sanitation challenges, with official data from the State Roadmap for Elimination of Open Defecation indicating that approximately 80% of the population, around 2.3 million out of about 2.9 million people, lack access to improved sanitation facilities. Arising from a technical meeting, Ekondo Bank management is reportedly elated about the opportunity, viewing it as a perfect alignment with the bank's long-standing mission to deliver i...