WaterEquity Launches New $50M Social Impact Investment Fund

WaterEquity, the social impact investment manager of Kansas City, MO-based Water.org, has launched a new $50m social impact investment fund.

Already supported by Bank of America with a $5m zero interest loan, WaterCredit Investment Fund 3 (WCIF3) will invest in enterprises serving water and sanitation needs among the world’s poor. WCIF3 will raise and deploy social impact investment capital to scale Water.org’s WaterCredit solution. It will provide affordable debt capital to enterprises — including microfinance institutions — that expand access to household water supply and sanitation solutions at the BOP in India, Indonesia, Cambodia and the Philippines.
The fund will target investments in enterprises that have significant capacity for scale, a strong financial track record, and a deep reach into the BOP.

Led by Gary White, co-founder and CEO, Water.org. provides microfinance to the world’s poor to help them meet their water and sanitation needs. Water.org has partnered with 65 local microfinance institutions (MFIs) across nine countries, providing $17m in smart subsidies to help them develop WaterCredit loan portfolios. With this support, MFIs have attracted $280m in local investment capital to provide more than one million WaterCredit loans, allowing more than five million people at the BOP to pay for the construction of a water connection and/or toilet at home.



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