Entrepreneurship Development Program
Since 2006, CRDT has incorporated ‘Entrepreneurial Approach’ in its poverty reduction strategies. We believe that for a development project to be sustainable, its beneficiaries must be first built capacity, empowered on resources needs and business skills then linked directly to the markets. Within this strategy, we define enabling environment is crucial to boost project outcomes. Stakeholders are involved to actively work with farmer producers/entrepreneurs and both obtain mutual social and economic benefits.
Using ecotourism as a social enterprise initiative, make even more of a direct link, as tourists come to see the dolphins! The communities were built capacity to host tourists warmly and provide services professionally. CRDTours then continue to work to bring tourists to communities.
Le Tonle Tourism and Hospitality Training Center was handed over by Tourism for Help to CRDT in 2012. The center while providing training course to students, also runs a restaurant and a guesthouse where students can practice their skills. The profit from this business is used to support the training itself and CRDT.
So far CRDT has mobilized 2560 families, 87% woman, into Self Help Group (SHG), and promoted $150,000 USD internal savings, which has been used as loan disbursement of $400,000 USD on rotation. This has supported and created 2000 Families Based Enterprises (FBEs) in 95 villages, 40 communes, 9 districts in the northeast provinces of Kratie and Stung Teng. CRDT had also provided vocational skill training to 250 families on agriculture and off farm based to promote a viable and sustainable market value chains for farmer producer groups with a range of products such as vegetables, livestock, tailoring, beautician, and solar battery charging station. SHG Finance Plc was transformed into a social enterprise of CRDT and continue to support all SHGs to operate and improve their members’ small and micro businesses. In February 2016, SHG Finance plc was awarded a license as a Rural Credit Operator from the National Bank of Cambodia.