Ensuring Access to WASH by Offering Customized Loan and Software Services(WaterCredit)

Bangladesh has one of the highest population densities in the world, with a population of 164 million living within 57,000 square miles. Of those 164 million people, 4.3 million lack basic water and 85.7 million lack of basic sanitation. Ensuring basic water and basic sanitation are the complex national problem in Bangladesh which has wide impact in human’s daily life.

One of the major barriers to safe water and sanitation is affordable financing. In this situation, SAJIDA Foundation planned to develop and strengthen a WaSH loan program in partnership with Water.org to improve access to safe drinking water and improved sanitation facilities of the targeted people. It allows people in need to access small loans for water facilities and improved sanitation system, empowering them to accelerate change in their own homes and communities- enabling a life of health and happiness.

SAJIDA Foundation has adopt an integrated approach to administering water and sanitation activities under the WaterCredit project. It has introduced separate loan products for installing new as well as repairing existing deep tube wells, and for building or renovating improved sanitation facilities. The water loan includes installation of new deep tube wells, buying water filter, water tank, electric motor, getting water connection and renovating the water facilities. The sanitation loan includes installation of toilet along with hand washing facilities. The renovation of sanitation facilities includes replacement of water seal pit latrine to improved latrine, establishing septic tank, changing of pan and shed of latrine and creating the provisions and place for dumping menstrual rug. The loan amount is vary from BDT 5000 to BDT 300000 following different 11 loan products. Borrowers is encouraged to partially invest for the cost of installing or repairing facilities with their own money. This project has been started in 43 branches to reach the target of beneficiary and that is 12000 in 3 years and now expanded all 178 microfinances branches of SF to reach the target smoothly to identify actual loan taker.

Major Activities under this project:

  1. Loan disbursement to improve water and sanitation facilities
  2. Technical support to maintain standard quality of hardware facilities
  3. Health and hygiene awareness of the people

Project Achievement

Activities Achieved to date(June, 2018
Water loans 2941
Water beneficiaries 13235
Sanitation loans 2308
Sanitation beneficiaries 10386
Health & Hygiene Awareness Population Coverage 2500
Loan Disbursement Amount BDT  303,398,000