Today’s global repayment rate hovers around 98 percent.More than 600,000 have been lifted out of water and sanitation poverty. We believe that the early investments made in this kind of innovation will return millions in terms of people served.In 2009 we merged our organizations—H2O Africa and Water Partners International—to create

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But most importantly, it has enabled us to generate awareness of and interest in the global water and sanitation crisis.

There have been a lot of lessons along the way, but the most important is that had we not been willing to experiment with a new approach, we would not have been able to capture the attention of a new community of supporters and friends who want to learn about and get behind this very important cause.

Every 20 seconds, a child under the age of 5 will die from a preventable waterborne illness.

This is more than HIV/AIDS, malaria, and tuberculosis combined.

We never stop thinking about how we can accelerate progress against what we feel is one of the greatest challenges facing the planet. On this World Water Day, we could not agree more that innovation and movements are powerful and will be entirely necessary if we are to solve the global water crisis or any other great challenge facing humanity.

More information: Each year, on March 22, we join together to highlight the global water crisis and celebrate the progress made to date.

Water Credit was a risky venture requiring patient, philanthropic capital and partners who shared our vision for a model that had the potential for dramatic scale and sustainability.

The Pepsi Co Foundation, the Michael and Susan Dell Foundation, the Master Card Foundation, and several individual donors joined us for this journey.

Pallotta’s perspective could be considered provocative, but in any case, his story struck a chord with us on a couple of fronts.