About the fund
WaterEquity's Global Access Fund IV closed its fundraising at $150 million in mid-2023, incorporating a $100 million commitment from the U.S. International Development Finance Corporation along with strategic investments from corporate partners such as Starbucks, Ecolab, Gap Inc., Reckitt, and DuPont. The fund extends debt financing to tier 1 and tier 2 microfinance institutions and financial intermediaries in over nine countries, enabling affordable water and sanitation solutions including home toilets, water connections, and sanitation facilities. Over an anticipated seven-year term, it aims to improve access for approximately five million low-income people, with 60% expected to be women.