Water Sanitation and Hygiene (WASH), Social & Micro Finance and Enabling Environment
Water Sanitation and Hygiene (WASH), Social & Micro Finance and Enabling EnvironmentSEE LESS
Today, 785 million people (1 in 9) lack access to safe water. Two billion people (1 in 3) lack access to a toilet. Those living without these basic services are caught in a cycle of poverty, unable to afford permanent solutions in their homes. This comes at a cost to women's empowerment, health, the economy, education, and the environment. One of the major barriers to safe water and sanitation is access to affordable credit, as people living in poverty often lack the savings for upfront costs.
The WaterCredit initiative stimulates local lenders to provide small, affordable loans specifically for water connections and/or toilets to people who lack access and savings. To date, this approach has reached more than 31 million people across Africa, Asia & Latin America. With our encouragement and technical assistance, 160 financial and utility partners have provided $2.5 billion in water and sanitation loans to people living in poverty.
Water.org was co-founded by established WASH expert, Gary White and actor Matt Damon in 2009. Alongside our Co-founders, our Executive Team includes President Jennifer Schorsch (formerly Regional Vice President at Starbucks) and Chief Global Impact Officer Vedika Bhandarkar (formerly Managing Director at Credit Suisse Securities (India) and J.P. Morgan). We have locally-staffed country offices in India, Bangladesh, Kenya, Indonesia, Philippines and Peru.
EXECUTIVE TEAM INCLUDES WOMEN