“With a total population of 31 million Peruvians, roughly four
million lack access to safe water, while nearly eight million lack access to
improved sanitation. Throughout Peru, urban water and sanitation coverage is
higher than rural coverage,...
Despite these challenges, the Peruvian microfinance market is
among the most developed in the world in terms of its regulatory enabling
environment and competition. Water.org sees this market as holding significant
promise for the water and sanitation sector.
Launched in 2013, Water.org’s five-year WaterCredit initiative
in Peru prioritizes regions that have a strong financial institution presence
and high demand for water and sanitation improvements. With lending that began
in June 2015, we are helping financial institutions develop products best
suited for local demand. Our partners began to scale their portfolios in 2016.
Water.org’s partners have a strong presence nationwide, but
especially in Lima, the northern coast and the southern highlands. We estimate
that our partners will disburse more than 40,000 loans for indoor bathrooms,
water and sewerage connections, improved sanitary installations (e.g., toilet
with septic tank, upgraded latrine) and tanks for water collection and storage.
In total, we aim to reach approximately 140,000 people in Peru with access to
improved water and sanitation by 2018.”
Clicking the button on the left of this blog lets you help
support this worthy cause!
No comments:
Post a Comment