March 2015
Water Crisis Facts The Problem (Sources cited on fact pages of Water.org):
750 million people around the world – or 1 in 9 – lack access to safe water. More than twice the population of the United States lives without access to safe water. Women and children spend 140 million hours each day collecting water. This is time not spent working at an income-generating job, caring for family members, or attending school. Every minute a child dies from a water-related disease. Diarrhea is the 4th leading cause of child death, a majority of which are water-related. 2.5 billion people around the world – or 1 in 3 – lack access to adequate sanitation. More people have a mobile phone than a toilet. Diarrhea caused by inadequate drinking water, sanitation, and hand hygiene kills an estimated 842,000 people every year globally, or approximately 2,300 people per day. Diarrhea is the 4th leading cause of child death, a majority of which are water-related. The World Health Organization (WHO) estimates $260 billion is lost globally each year due to lack of adequate water supply and sanitation.
The Solution:
Sustainable water and sanitation solutions In-country, knowledgeable partners Demand-driven projects Appropriate technology Integration of health and hygiene education Rigorous measuring and monitoring Activate the power of the market through the use of WaterCredit
About Water.org:
We are committed to universal access to safe water and adequate sanitation in our lifetime Operational in 12 countries: Bangladesh, Cambodia, Ethiopia, Ghana, Haiti, Honduras, India, Indonesia, Kenya, Peru, the Philippines and Uganda Pioneer of WaterCredit Current annual budget of $17 million 63 full time staff Programs are funded through grants, loans, a combination of grants and loans and microfinance tools Institutional funders include PepsiCo Foundation, Caterpillar Foundation, IKEA Foundation, MasterCard Foundation, Skoll Foundation, Cartier Charitable Foundation, Conrad Hilton Foundation, Anheuser-Busch InBev, Bank of America Foundation and Swiss Re Foundation.
About WaterCredit:
WaterCredit provides affordable credit for water and sanitation improvements Leverages microfinance as a distribution channel and a platform for overcoming market failures Over 500,000 loans made Over 2 million people directly benefited 53 WaterCredit partners in 9 countries Average loan size $210 Over 90% of the WaterCredit clients are women Repayment rate is 99% $120 million leveraged for WaterCredit loans