Microfinance for Water Projects
In
developing countries safe water is a rare commodity, over a billion
people suffer from lack of access to safe water. Approximately 5-7
million people (primarily in Sub-Saharan Africa and countries like
India & Bangladesh) are dying annually - mainly children - due to
water-born diseases. Furthermore, the costs incurred for rural
communities to access safe water can be 10-15 times higher than costs
for urban dwellers connected to cleaner water systems. These issues
affect the health & economic productivity of rural communities.
Our micro-finance initiative provides a hopeful model for water projects in
developing countries. By making small loans to communities and
individuals who do not have access to traditional credit markets, our
micro-finance expert provide advice how to finance the upfront cost of
water and sanitation systems. Giving people the credit tools they need
and allowing them to repay the loans over time empowers them to solve
their own water supply needs now instead of having to wait for years
for a grant that might never come.
Since 1995,
the H2oAlliance micro-finance leadership team has managed micro-credit
projects worldwide. The latest project locations include Cambodia,
Vietnam, Bangladesh, Ethiopia, Phillippines and Sri-Lanka.
Contact H2oAlliance Microfinance Team of Experts for more information.
Microfinance and Water Risk Mitigation and Crisis Management Program
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