ii. To mobilize financial resources necessary for fulfillment of its objects under the Act;

iii.To disburse funds to implementing agencies for the purpose of execution of water projects;

iv.To issue loans on favorable terms, to implementing agencies for investment in water service provisions;

v.To monitor the use of the funds disbursed to implementing agencies;

vi.To facilitate capacity building of implementing agencies to improve and enhance their ability in execution and management of water projects;

vii.To recommend to the Minister guidelines for issuance of loans to water authorities; and

viii.To develop operational guidelines on issuance of loan and grants to implementing agencies.

ii. At least five (5) years’ experience in managerial position or such other qualification as may be required;

iii.Has satisfied the Board that he is unlikely to have conflict of interest with the principal functions of the Fund; and

iv.Is in the opinion of the Board, otherwise well suited to execute the functions of the Fund.