Using his expertise to help improve access to safe drinking water for the rural poor in India
One of the most significant challenges in the poorest regions of the world is a lack of safe drinking water. danone.communities, in collaboration with Naandi, a social sector organization in India, is creating a social business model to accelerate the rural poor’s access to safe drinking water. Through BwB, J.P. Morgan employees contributed to danone.communities projects.
Based in Mumbai, J.P. Morgan’s investment banker brought with him extensive experience in mergers and acquisitions and extensive knowledge of the local economic environment. After assessing the business plan, he provided advice on structuring the venture. danone.communities estimates that in five to six years, more than four million people will have access to safe drinking water through a decentralized drinking water supply chain, at an affordable price. The positive impact of this venture will resonate throughout the regions served.