Trickle Up provides $100 grants to impoverished Cambodians living in Angkor Park who have no farmland or access to capital so that they can start businesses to support themselves and their families.
What is the issue, problem, or challenge?
While tourism has helped bolster Cambodia’s sluggish economy, many people are excluded from vital economic development opportunities. Trickle Up works in partnership with APDO, a Cambodian NGO, to train poor villagers living alongside the ancient Angkor temples to improve the quality of their businesses to compete in the tourist market. Though surrounded by tourist dollars, the poorest lack skills and access to markets. Training and capital help them take the first step.
How will this project solve this problem?
The poorest are given skills and business training followed by a $100 grant to start a business to improve their families’ lives. Entrepreneurs then can join the Village Bank, a savings and credit group, and the effect of each dollar multiplies.
Potential Long Term Impact
Entrepreneurs will report better family nutrition and increased school attendance, savings and access to credit. Income will also increase: an impact study found that after 3 years APDO entrepreneurs saw daily per capita incomes increase by 133%.
Total Funding Received to Date: $723
This project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Project Report" tab as they become available.
Donors' contributions and pledges to this project totaled $723 . The original project funding goal was $20,520.