PepsiCo Foundation Expands Commitment to Water.org With $8 Million Grant

PepsiCo Foundation, the philanthropic arm of PepsiCo, and Water.org announced an expansion of their partnership to scale WaterCredit, a market-driven model that will provide micro loans to families throughout India. This expansion will help enable approximately 800,000 people to access safe water by March 2016. The commitment is built upon a long-standing partnership between the PepsiCo Foundation and Water.org and is made possible by an $8 million grant — the largest contribution by the foundation in its 50-year history.