In 2008, CamKids was approached by a potential donor who wanted to invest in a project in Cambodia. After introducing him to the directors of Who Will, it was agreed that he would fund the cost of a sustainable fishery project. The project is now underway and the directors of Who Will have provided us with the following report:
On one of our trips to look at children needing a home, we saw many children running around and we asked the villagers why the children weren’t going to school. No money! The village is extremely poor – family income is $8 - $12 per month. However, the village is on the banks of the river. Fifteen years ago an NGO had started a fishing project in the village but had given them no back-up. The fish had died from lack of food and the villagers had lost money.
A prospective donor came to visit and we mentioned this to him and a new project was born – small scale fishing to generate income so the children can go to school and the whole community will benefit.
Four dams were pinpointed and the farmers were taken through the steps of how the funding will be done – no cash, only product in the form of fuel, pump hire, fish feed, fingerlings and anything else that may be required. The farmers have the money on loan and it must be repaid at the end of the fishing season (approximately 4 months). They also have to hold back enough money to supply their new season.
Three weeks ago 44,000 fingerlings were purchased and to date only 78 have died – a mortality rate of 0.17%! The fish are doing well and growing fast – their progress being measured according to the circumference of the specific farmer’s big toe or middle finger!
This is a great example of a self-sustaining micro-finance project and, if successful, can be rolled out at hundreds of locations throughout rural Cambodia. The total cost of the project is around £1,500, but this 'seed capital' could be enough to create a new project at a different location every year. If you are interested in finding out more, please send an email to farming@camkids.org.
