Posts Tagged ‘water.org’

Microfinance Focus, June 18, 2010: Microfinance News Synopsis brings a compilation of industry headlines broadcasted by other news media from across the world. Microfinance loans may triple this year: Microfinance loans in Korea may triple this year as the government seeks to share the benefits of economic recovery with all social classes, said Kwon Hyouk Se, vice chairman of the Financial Services Commission. Samsung Group, Hyundai ... Full story

Microfinance Focus, March 8, 2010: Water.org, a nonprofit organization active in Africa, South Asia, and Central America providing access to safe water and sanitation, is organizing a National level forum on WaterCredit in Chennai on March 26, 2010. The Forum aims at sharing the successes, ideas and lessons of WaterCredit with microfinance, in order to promote additional financial innovation in the watsan space, connect current and ... Full story

Microfinance Focus, Oct. 13, 2009: Water.org has officially launched technology that uses the Twitter API platform to connect friends and spread the word about the Haitian water crisis via Twitter. The site, http://challenge.water.org, was announced by Water.org co-founders Gary White and Matt Damon at the 2009 Clinton Global Initiative Annual Meeting as part of a $2 million commitment to serve at least 50,000 people in Haiti ... Full story

Microfinance Focus, Sept. 23, 2009: At the opening plenary of the Clinton Global Initiative Annual Meeting, Water.org co-founders Matt Damon and Gary White have announced the organization's $2 million commitment to provide 50,000 people in Haiti with safe water and sanitation over the next three years. Full story

By Naagesh Naaraayana Microfinance Focus, Aug. 19, 2009: Kansas-based WaterPartners has agreed to provide Rs 1.34 crore to Grameen Koota, a Bangalore-based microfinance institution with presence in Karnataka and Maharashtra. The project, to be implemented in Tumkur district of Karnataka, aims to provide individual water connection and sanitary facility provision and create awareness about the hygiene in slums and rural areas, especially among the rural women. "The community members have to wait hours for the water supply and thus, lose portion of their daily income. Their time is wasted in water collection at public stand posts. Though this is the reality in many villages, through this program we will address the unproportionate time spent on collecting drinking water by families from lower income groups," said Asha Rani, Project Manager of New Initiatives, Grameen Koota. The project will be completed by May 2011. Full story

By Naagesh Naaraayana Microfinance Focus, July 22, 2009: Manonmani, a housewife with two children, lived for many years in a slum in Tiruchirpalli with acute water shortage. For a family of four, access to water once every four days was too inadequate to survive.  Thanks to Water.org,  she found their local affiliate Gramalaya, a microfinance institution which came to her locality and provided them loans for a new water connection. Full story