By Por Narith | Project Manager
This progress report highlights project progress within the period January 27 to April 20, 2014 and the case study of Mrs.Channy and access to credit for her business.
Activities and Achievements
Within this reporting period, the Cambodian Rural Development Team (CRDT)supported partially by the funds raised from Global Giving Donors, continued to empower rural women through training sessions, coaching and monitoring them in business skills in Sre Krasaing village, Sre Krasaing commune, Siembok district.
CRDT delivered a training course on basic business skills for nine women in order for them to feel confident in doing business. We also followed them up afterwards.CRDT already supports the Savings Group in Sre Krasaing, which has increased its total members’ savings by 320,000 Riel (USD 80)over the last three months. Currently, the saved money of the Group reaches the amount of 1,965,300 Riel (USD 491). From this, 1,900,000 Riel (USD 475) was lent to women as capital for starting and expanding businesses such as pig raising, cassava plantation and grocery selling.
As an example, Mrs. Channy lives in Sre Krasaing village. Her family relies on rice production, cassava plantation, pig raising, and the production of local wine. She became a member of the Savings Group in 2013. She has now borrowed 140,000 Riel from the Savings Group to buy piglets. She said “I am happy. I have access to credit from our Savings Group to begin raising pigs. I have to say thank you to CRDT and the donors of CRDT projects for supporting me and other rural households”.
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