Funding water through micro-finance

The poor aren’t always uncreditworthy. The growth of WaterPartners International’s WaterCredit Initiative has proved the veracity of this maxim, as Kathy Shandling finds out.

The concept of micro-finance is beginning to find its voice in water, and the PepsiCo Foundation has just awarded USD4 million of new grant funding to support WaterPartners International’s WaterCredit Initiative. The new funding builds on a previous USD4 million award from the Agora Foundation in 2006, and will enable WPI to ramp up the initiative to a new ...

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