|
Over 59% of Guatemalans live below the poverty line and more than one million lack clean drinking water in their homes. Before, they had two choices: boil water daily over wood fires that cause deforestation and respiratory illnesses from smoke inhalation, or buy bottled water that is expensive and bad for the environment. Ecofiltro manufactures and sells low-cost ceramic water filters throughout Guatemala. Through distributorships Ecofiltro filters are also available in Honduras, Mexico and El Salvador. The company is a shining example of a high-impact business that earns a profit as well.
With a seven year loan from Beneficial Returns, Ecofiltro acquired new production equipment that will increase their efficiency, doubled the size of their factory, and put them on track to produce over 100,000 filters in the next twelve months, The result is that hundreds of thousands of families will soon have clean, affordable, easily accessible drinking water and better health. Demonstrating its commitment to rewarding impact, Beneficial Returns also agreed to waive the final loan payment if Ecofiltro sells more than one million filters in the next seven years. In addition to selling tens of thousands of filters annually, Ecofiltro also equips thousands of Guatemalan classrooms with filters free of charge. If you'd like to help Ecofiltro reach its goal of outfitting all classrooms in Guatemala, you can make a tax-deductible donation here.
1 Comment
|