poverty in Cambodia

poverty in Cambodia

2010-07-27

Proposed solutions

Setting up a micro-financing system for rural Cambodia villages.

- The micro-financing system can be started with $200 which will be raised by our group.
- This fund is then given to a certain group of about five families through Tabitha Foundation.
- Each family then chips in, creating a pool of money for the group.
- The amount contributed by the villagers will be matched dollar for dollar by us as well as Tabitha Foundation.
- This amount of funds can then be used to set up farms, build houses, wells, and buy livestock such as chickens, pigs or others for families who need it the most.
- When these families start to profit from the earnings they received through the loans, they can replace the money withdrawn from the fund, so another family can utilise it.
- After all families have benefited from the fund, the villagers will have their money returned and the remaining money can be used to start another fund with a different group of families.


This project is potentially:

- Self-renewing
- Sustainable
- Potentially a significant help to Cambodians in poverty

Our group can help by:

- Raising awareness of Tabitha Foundation and poverty in Cambodia in school.
- Fundraising in school to obtain the money for starting the fund.
- Creating posters to raise awareness amongst students in schools about the poverty in Cambodia. (Possible location: School Canteen and water coolers)- Creating a blog which functions as both a website for information on the living conditions in Cambodia as well as the information on our projects’ efforts.
- Helps to serve as a log of our efforts as well as a database on the Cambodians.