Posted on October 10, 2008 - by lincolnw

Access to Safe Drinking Water, the Sustainable Way

PepsiCo Foundation has awarded two grants, totaling $76 million, to sustainable water and sanitation efforts by WaterPartners and Safe Water Network. The PR releasedescribes each program. WaterPartners will use the award to implement their WaterCredit program:

Bridging microfinance and water is a topic that NextBillion.net covered earlier this year, so this is a connection that is working well in some regions and with the support of different organizations, such as ACCESS Development Services and Hindustan Unilever Limited. The vision behind this is that communities may not be able to afford methods that purify water and make it safe for drinking, but using microfinance models allows them to collectively take a loan and repay until they eventually purchase the system…{click here to read the rest of this article}