Grameen Veolia Water

To fight arsenic contamination, Veolia Water and Grameen Health Care Services Ltd., which was founded by Muhammad Yunus, the 2006 Nobel Peace Prize winner, formed a joint venture company in 2008: Grameen Veolia Water. The two companies combine their skills to deliver clean, safe drinking water to villagers in the poorest parts of Bangladesh.

Bangladesh | Goalmari & Dhaka

Following the "social business" model, Grameen Veolia Water is a "no loss, no dividend" venture, and is sustained by the fees collected from customers, with all profits being reinvested for further expansion and improvement of the water distribution network.

To sustain this social business, Grameen Veolia Water has associated a commercial business that involves sale of jar water in the capital city of Dhaka. The profits generated through this business are used as subsidy for the social business in Goalmari.

The company operates and maintains a water treatment plant and a jar plant that provide safe drinking water to nearly 2,000 people in the villages of Goalmari Union and Padua Union villages near Dhaka. Drinking water is distributed through a dedicated network of standpipes in these villages. Drinking water, in line with World Health Organisation (WHO) standards, is sold to inhabitants for a price of € 0.2 euro centimes per liter, which is 100 times cheaper than locally available bottled water. When fully operational, Grameen Veolia Water Limited will bring drinking water to more than 40,000 people.