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Apart from typically well over 10% of drinking water lost each day, the World Bank estimates the global loss to amount to A$20 billion annually. With pressure on dwindling water resources, especially in times of climatechange, water utilities worldwide increasingly turn to software such as ours to reduce water losses.
And in Colombia, where only 19 percent of residents borrowed money from a formal financial institution in 2021, Bogotá city leaders developed a novel solution that welcomes unbanked shop owners and street vendors into the formal banking system and is on track to issue 10,000 loans by year’s end.
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