People living in slums often pay 5-10 times more per liter of water than wealthy people living in the same city.
The WaterCredit program tackles two related goals: lack of access to safe water and sanitation, and lack of access to finance to secure these necessities among those living in poverty throughout the developing world. WaterCredit connects microfinance institutions to communities in developing countries in need of clean water and toilets.
With access to water and sanitation via WaterCredit, time (which was previously spent fetching water and/or in ill health) can be spent on productive activities such as income generation and education. WaterCredit borrowers are able to increase their families’ disposable income due to cost savings of having a water and/or sanitation connection (rather than paying the local “water mafia” price). Finally, borrowers and their families enjoy better health, as the spread of water-borne disease is reduced.
Donate now to help bring clean water credits to people in need!