At Vital Capital, we believe that understanding the challenges facing our end users is key to developing sustainable solutions that deliver maximum impact.
That’s why we don’t engage only with investors and our portfolio companies as part of the investment process – but also with the communities directly served, through beneficiary studies conducted at the outset of projects. The findings provide a baseline to help quantify the potential impact of an investment. They also help us to refine our approach and develop better, more relevant solutions that build community trust.
We’re pleased to share the key outputs and learnings from the beneficiary studies conducted by our environmental infrastructure platform, Vital Environment, with our support, for two water projects in Karnataka, India. The Raichur Water Project will provide the necessary infrastructure to deliver tap water to 1.77 million people, 64% of whom will be receiving first-time household tap water access. The study findings indicate that the impact of the infrastructure is expected to disproportionately benefit women and girls, 78% of whom are fetching water 2-3 times per day. The Karnataka Irrigation Project involves the construction of piped irrigation infrastructure for 12,000 farms in the severely drought-stressed region, benefitting over 60,000 people, where 32% of the population participates in seasonal climate-induced migration for basic income.
We invite you to review the special feature below and welcome your feedback. We look forward to sharing the results of our impact assessments as the project develops in the years ahead.