Economic Development: Trickle Up in Cambodia

Economic Development in Cambodia

See all photos

Economic Development: Trickle Up in Cambodia

See all photos

Summary

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.

How Donors Like You Helped

Thanks to donors like you, a total of $723 was raised for this project.

Other Projects You Can Help

Help Women in India Start Small Businesses

Received $723 from 28 donations from people like:

andrea

Kristine

Jay

(Anon.)

Actions

Printer Friendly
Subscribe to Email Updates
Subscribe to RSS Feed

Share & Save this Project

Spread the Word
Tell a Friend
Share on Facebook
Share on Twitter
Tag on del.icio.us

More Information About this Project

Project Needs and Beneficiaries

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.

Activities

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.

Funding Information

Total Funding Received to Date: $723

Funding Information

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 "Progress Report" tab as they become available.

Donors' contributions and pledges to this project totaled $723 . The original project funding goal was $20,520.

Additional Documentation

This project has provided additional documentation in a Microsoft Word file (projdoc.doc).

Resources

Why this Project is Important

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%.

Project Message

This program has greatly helped my family. My wife and I have improved our business skills and with our profits we eat better, my son attends school, and we save regularly at the village bank.
- Mr. Teng Sophal, entrepreneur and musical instrument craftsman