water leak around belts maybe water pump?
water leak on 1997 Geo Metro
There is a possibility that the water pump may be leaking. The best way to determine is to have a cooling system pressure test. This pressurizes the cooling system usually forcing the coolant out the weak spot so it can be easily determined. In the case of your car if it is the water pump you should consider having the timing belt replaced also.
Yes, it is possible.