In 2010, Water.org and The MasterCard Foundation launched a $3.6 million partnership to bring clean drinking water and sanitation services to people in Sub-Saharan Africa in the next four years. This partnership will enable one of the largest WaterCredit initiatives to date and is anticipated to mobilize over $15 million of additional commercial and social capital into the water and sanitation sector in these countries. Water.org’s WaterCredit program, which facilitates microfinance for water and sanitation, continues to gain momentum in Africa and southern Asia for bringing services to those living in poverty.
The partnership with The MasterCard Foundation facilitated one of the largest expansions of water and sanitation microfinance to-date in Sub-Saharan Africa. In addition to providing client services, the program was designed to increase the capabilities of microfinance institutions (MFIs) in the region while developing and deploying cross-sector forums, toolkits, exposure visits, and impact evaluations. Program work began in October 2010 in Kenya and then followed with a phased expansion in Uganda.