Water Credit Investment Fund 3 (DFC-2017-WATERCREDITIN)

Regions
  • East Asia and Pacific
  • South Asia
Where the impacts of the investment may be experienced.
Countries
  • Cambodia
  • India
  • Indonesia
  • Philippines
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
WaterCredit Investment Fund 3, LLC
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 55.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Jun 16, 2020


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Project Description

According to the bank document, " In response to the need for a commercially-sustainable solution to the global water and sanitation challenge, WaterEquity will aggregate and deploy $50 million in social investment capital to microfinance institutions (“MFIs”) to scale up their water and sanitation (“WSS”) lending portfolios.

Most of the target MFIs in the Fund’s pipeline launched their WSS portfolios with technical assistance provided by Water.org. WaterEquity will also lend to small and medium enterprises that provide affordable water and sanitation products and services to low-income families, i.e. those that typically earn less than $10 per day."

Investment Description
  • US International Development Finance Corporation (DFC)
Private Actors
Contact Information

*There is no information being disclosed at this stage of the project*