The Water & Sanitation Crisis in Philippines
There are more than 26 million Filipinos without access to sanitary toilets, and only five percent of households are connected to sewer systems. Further, many poor households cannot connect to water systems due to high connection costs. Instead, they often rely on either unsafe water sources such as surface water or expensive sources such as informal water sellers.
An assessment conducted by Water.org saw a significant interest in our WaterCredit model among microfinance institutions, water service providers and communities. Households are eager to invest in piped water connections, filters, wells, pumps, water tanks and toilets with septic tanks.
The microfinance market in the Philippines has grown rapidly in recent years. Today, there are more than 90 registered microfinance institutions serving 5.1 million clients. Cooperatives, banks, nongovernmental organizations and non-bank financial institutions fuel continued microfinance sector growth, and Water.org sees great potential for the success of water and sanitation loans.