Golomt Bank supports water accessibility and sanitation projects through investment by WaterEquity


Golomt Bank supports water accessibility and sanitation projects through investment by WaterEquity

Golomt Bank supports sustainable development and aims to increase the availability of green loans to its customers. In this context, we are pleased to announce an investment by WaterEquity, an asset manager, in the direction of Sustainable Development Goal 6: Clean Water and Sanitation. Technical assistance is being provided to Golomt Bank by Water.org, an internationally renowned non-profit.

Households, enterprises, and small and medium-sized producers operating in following areas belong to the value chain of increasing access to water and sanitation:

  • Water supply and Sanitation (WSS) manufacturers /Pipes, tanks, gutters, toiletry, treatment chemicals, etc/;
  • Traders, suppliers, distributors, importers, retailers of WSS goods;
  • Waste water transport requires funds for the transportation of water via trucks, lorries, and water tanks;
  • Consultants and contractors in water and sanitation;
  • Licenced borehole drilling and equipping companies;
  • Water processing and packaging for the purpose of distribution and mass consumption; and
  • Water vending machines, heavy equipment suppliers for dispersing water at outlets.

Customers engaged in these activities meet the requirements of Golomt Bank’s green loan products to support access to water and sanitation.

About Water.org and WaterEquity

Water.org is an international nonprofit organization that has positively transformed millions of lives around the world with access to safe water and sanitation. Founded by Gary White and Matt Damon, Water.org pioneers market-driven financial solutions to the global water crisis. For more than 25 years, they’ve provided women hope, children health, and families a future.

In 2016, Water.org established WaterEquity, an independent asset manager, with the sole purpose of mobilizing private investments in water and sanitation in emerging markets. They invest in financial institutions, enterprises, and infrastructure delivering access to safe water and sanitation to low-income communities, aligning investor values with risk-adjusted returns. Together, Water.org and WaterEquity have positively transformed more than 60 million lives around the world.

Investing for a brighter future

 

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