Source: Oxfam
This blog is written by Soleak Seang, Regional Communications Officer with Oxfam America's East Asia Regional Office.
When Sean Ing first heard of "Saving for Change" in January 2009, she was skeptical. But Ing had a big expense coming up - her daughter's wedding, which she wasn't sure how to fund. Ing owns 1.5 hectares of farm land, but it takes her half a year to harvest the rice and she had limited access to banking services. So she decided to listen.
"First I decided to just listen to what the trainer had to say about saving money. Then it got more interesting, and I thought I would want to give it a try," the 53-year-old thin, jovial farmer said.
Then Ing found out Saving for Change allows members loans not only to solve short-term credit needs, but also to expand their income sources such as by raising livestock and growing vegetables.
No comments:
Post a Comment