Matt Damon Photo credit: REUTERS/Caitlin Ochs
Ripple has committed $6 million over three years to support Water.org’s WaterCredit model, which helps families access affordable loans for taps, toilets and piped water connections. Water.org’s work has reached more than 95 million people worldwide, and its partnership with Ripple is now extending that model into new markets with faster, cheaper capital flows. Since the collaboration began, Ripple’s funding and payments infrastructure have helped Water.org reach more than 1 million people with access to safe water or sanitation financing across Latin America. The partnership has moved more than $3.2 million across four markets. To sustain and accelerate the work, Ripple has committed $6 million to Water.org over three years.
The collaboration, which began more than a year ago, now uses Ripple’s payments, stablecoin and digital asset custody infrastructure to move funding faster and more cheaply across emerging markets. That approach has proven scalable. The funding will support solutions like WaterCredit, which provides affordable loans for families to bring taps, toilets and piped water connections home.
The commitment reflects Ripple’s broader interest in using its technology for social impact. By pairing its payments infrastructure with Water.org’s lending model, the company is betting that faster money movement can translate into more people gaining access to basic services. Beyond its direct support for Water.org, Ripple is also putting capital to work through the WaterEquity Everspring Fund, a perpetual impact vehicle that uses philanthropic capital to unlock commercial investment in water and sanitation lending across emerging markets. As loans are repaid, capital is recycled into new lending, allowing each dollar to support families and communities again and again.
Ripple’s first year of Get Blue funding has helped Water.org reach 400,000 people, with its three-year commitment expected to support 1.2 million people. As the exclusive digital asset and FinTech partner for Get Blue, Ripple brings the payments and stablecoin infrastructure that powers Water.org’s ability to move money faster and more affordably to local financial institutions disbursing WaterCredit loans.