Mauritius

March 01, 2013

Recovery of Rainwater: Financing Plan Proposed by MCB

The Mauritius Commercial Bank (MCB) encourage Mauritians to invest in recovery systems rainwater. It launches the "Rainwater Harvesting Scheme" , a financing plan at a rate of interest of 5.65% per annum.

"Every Mauritian consumes an average of 167 liters of drinking water per day," revealed immediately Philippe Forget, Deputy Chief Executive of banking of MCB based on figures from the Central Water Authority (CWA). He explains that he is now possible to fund green projects through the MCB. The bank launched a new financing plan for private individuals and for projects recovery of rainwater. The concept was presented to the press on Thursday, February 28, at the headquarters of MCB, Port-Louis.

"The Mauritian consume more water than Europeans. The chlorinated water is used in the bathroom, in the kitchen, for gardening, for showering and cleaning. While rainwater and treated each Mauritian could help to reduce its dependence on chlorinated water and pay, " says Philippe Forget.

Therefore, the MCB is associated with four firms including Duraco, Aquaflo, Rey & Lenferna Solutions and Green Island. Each person wishing to join the Rainwater Harvesting Scheme shall, prior to visit one of these four distributors to benefit from expert advice. Once this step is completed, the applicant may submit his application for funding from a branch of the MCB.

"It is wrong to say that Maurice lack of water. The problem is mainly due to a lack of management. Technology allows individuals to recover rainwater in a professional manner according to their scholarships. Investments can go Rs 10,000 to Rs 500,000 depending on what people are looking for, " said Parmanand Moloye, director Aquaflo. He added that the evaluations will be case by case basis depending on the size of the house.

 

Text by lexpress.mu
 

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