Cover the floor with a drop cloth.
Mix hydraulic cement according to the manufacturer's directions.
Use a putty knife to apply the cement to any holes or cracks. Fill in the voids completely to stop water from coming through the defect in the wall.
Allow the cement to set according to the manufacturer's directions.
Use a masonry brush to apply a coat of masonry waterproof paint to the entire wall. Let the first coat of paint dry.
Apply a second coat of paint to the wall and allow the paint to dry thoroughly.