Social business solution:
Against this background, Grameen and Veolia Water have decided to join forces and combine their complementary skills to make clean and safe water accessible to villagers in the poorest parts of Bangladesh.
According to the precepts of social business, whereby there are "neither losses nor dividends," this investment will be paid for by water charges levied on consumers, which will in turn enable similar projects to be started elsewhere. The equipment will be manufactured locally on the basis of know-how transferred by Veolia Water. Grameen Bank's extensive network will enable charges to be collected by appropriate means. About ten jobs will be created in each of the villages involved.
The first plant, currently in the planning stage, will bring safe water suitable for drinking and cooking, complying with WHO standards, to the 20 to 25,000 inhabitants of Goalmari, a village 100km east of Dhaka. A specific distribution network will be installed on the basis of a detailed survey of user requirements and will include standpipes, small storage tanks and collective connections.
Therefore Grameen Veolia Water Ltd. contributes to the achievement of the United Nations Millennium Development Goals to end poverty.