This proposal notes underutilization of current solutions, insufficient finances, monopoly of the water market, and limited access to water as major challenges. Through partnerships, the team recommends building a mobile app, Water Market, to match buyers and sellers, expand micro-finance opportunities, and to provide health advice regarding water and water-related diseases.
Serving the BOP: The WaterMarket
Challenges: Underutilization of Current Solutions, Monopoly of Water Market, Affordability, Waiting for Water, Finding Water, Presence of Water Network, Social, Cultural, and Political, Financing, Access, Lack of Information, Demand, Competition for Shared Resources
Solutions: Entrepreneuship Focused, Community Level Solution, Micro-Finance Institutions and Loans, External Industry and/or Sector Model , Communication (Information, Availability, Quality, Reporting), Awareness and/or Reporting, Economic and Commercial, Business-Led, Financial, Social, Information Sharing, Payment, Technology, Mobile/SMS/GIS
