The Agency was established with the assistance of the Kentucky Rural Water Association ("KRWA”) to assist rural utility borrowers in obtaining low-cost, tax-exempt financing. Since 1995, KRWA has administered pooled loan programs that have provided over $1.5 billion in financing for the benefit of over 700 borrowers. The Agency's loan programs give borrowers throughout the United States the opportunity to benefit from their low cost and standardized and consistent loan process.