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PHILGUARANTEE Partners with Water.org for Sustainable Water Solutions and Financial Inclusion
KUALA LUMPUR: The Philippine Guarantee Corporation (PHILGUARANTEE) and Water.org have forged a strategic partnership through a Memorandum of Understanding (MOU) to advance sustainability efforts.

The MOU, signed by PHILGUARANTEE President and CEO Alberto Pascual and Water.org Southeast Asia Regional Director Griselda Santos, aims to explore the provision of credit guarantees to financial institutions, small and medium-sized enterprises (SMEs), and infrastructure partners associated with Water.org. This collaboration seeks to develop mechanisms to mitigate risks and promote lending in the water and sanitation sector.

PCEO Pascual emphasized the importance of enhancing financial access for SMEs in the water, sanitation, and hygiene sectors, highlighting their crucial role in ensuring vital resources and services reach those in need.

“Our collaboration aims to provide credit guarantees that empower rural banks to extend their support to these essential enterprises. Together, we can ensure that every Filipino has access to the water and sanitation services they deserve,” Pascual stated.

This partnership also supports efforts to achieve Sustainable Development Goal (SDG) 6, which focuses on clean water and sanitation for all and aligns with the 2030 Agenda for Sustainable Development.