During the last 35 years, Cambodia has been plagued by civil wars and changes in political leadership. This has affected all areas of the country’s social and economic infrastructure, including that of the
Most Cambodian families live on a subsistence level. They lack the cash flow to meet their basic needs of healthcare, children's education and adequate food. In Cambodia, women are the head of one in four households. And they are usually responsible for at least two children.
Vulnerability in financial emergencies is a core aspect of poverty. These families are particularly at risk because the women have little or no formal education, and no land or productive assets.
Current estimates show that only 20-30% of the population have access to financial services. Our work in Cambodia is therefore critical.
We strive to provide first class financial services to some of the poorest communities in Cambodia. We are enthusiastic about our new initiatives and programmes which include:
• A mobile banking project.
• Additional scholarships to children of successful clients.
• Increasing impact and services to the most disadvantaged clients, e.g. HIV/AIDS, child labour families, the disabled and victims of natural disasters.
Met Makara is one of 10 siblings and has spent most of his childhood helping out with family chores.
When his parents took out three consecutive loans to grow rice, Makara was given a three-year scholarship from VisionFund which helps pay for his school materials.
This means Makara’s parents have extra funds to look after their children, and Makara can work towards his dream of going to university.