Help Destitute Moms with AIDS Care for Their Kids

by Kasumisou Foundation
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids
Help Destitute Moms with AIDS Care for Their Kids

Project Report | May 29, 2018
The impact of inflation

By Barbara Rosasco | Secretary & Treasurer

Mark was in Cambodia in April and  met with each of the families in our program.  At that time, Mark  learned that several of our families were really struggling to make ends meet and that for a few this meant that there was not adequate money for food. 

Official estimates of inflation in Cambodia  have been  in the range of 3% for the past few years,  but unofficially,  as  Phnom Penh continues to " gentrify" and rebuild, rents and other urban prices continue to increase,some times sharply.   Cumulatively, over the past few years, this means that many of our families have seen their food expenditures rise by 10% to 20%   and in some cases, even more . Additionally, the rents that  we pay  on the modest rooms that we provide to  our families have  also continued to increase. All of this means that we will need to increase the monthly support to our families in order to compensate for the overal rise in prices. 

As we have mentioned in previous reports, over the past few years, we have continued to try trim the number of families in our program.  As the economy has improved , and health permitting, some of  our participants have been able to to get part time  work  at modest jobs. For others,  as children in the family  have grown up and become wage earners, these now adult children  can  step in to assist . None the less, we still have a lingering core of about 20 families who are unable to make ends meet and for whom our program's assistance enables them to avoid homelessness and a life on the streets. Instead, they can  have a very modest lifestyle  with dignity. In the first  years of our programs,  the early 2000s , we lost many of the adults in our program to AIDS within 1 to 2 years. Now with changes in medical technology, we are blessed with increased longevity for our program participants,  but this  also creates the need for a much longer than initially  anticipated financial commitment, for these fragile families cannot sustain themselves without assistance and unlike the developed world, there is no social welfare system in Cambodia to assist them. 

We are now in the process of reviewing all our financial committments to our program families so that we can be confident that there is adequate food and shelter.  As a small foundation with limited  resouces, the challenges and impact of inflation are a serious concern to us. The generous and loyal a support of our donors  provides financial assistance to these fragile families and for that, we are truly grateful.

Barbara & Mark Rosasco 

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Organization Information

Kasumisou Foundation

Location: Menlo Park, California - USA
Website:
Project Leader:
Barbara Rosasco
Secretary/Treasurer
Menlo Park , Ca. United States
$155,711 raised of $200,000 goal
 
1,457 donations
$44,289 to go
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