October 2015
Closed Compact Report
Closed Compact Report: Lesotho Compact
- Signed: July 23, 2007
- Entry into Force: September 17, 2008
- Compact End Date: September 17, 2013
What is the Closed Compact Report?
Closed Compact Reports are published for compacts completed before November 2017. The reports capture core information such as the country context, descriptions of compact investments and results, and information on important partnerships, policy reforms and lessons learned
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In July 2007, MCC and Lesotho signed a $362 million compact focused on the water and health sectors and encouraging private sector development.
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Lesotho is a landlocked country surrounded by mountains and the country of South Africa.
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The Health Sector Project was designed to strengthen the health care system and its ability to deliver quality services.
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The Private Sector Development Project aimed to stimulate private sector activity within the country by improving access to credit, reducing financial transaction costs and increasing the participation of women in the economy.
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The Water Sector Project was designed to support Lesotho’s vision to provide secure, adequate, sustainable and clean water supply and sanitation services to rural and urban consumers.
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Learn how MCC and Lesotho agreed to adjust compact projects due to changes in estimated costs and project progress.
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Discover MCC’s efforts to coordinate resources and expertise with other donors and international institutions as part of the Lesotho Compact.
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Read the conditions that Lesotho needed to meet under the terms of the compact prior to disbursing project funds.