MfM 
Increasing Quality of Life for Families through Microloans and Education  
 
Newsletter, November, 2015  
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            New Phnom Penh Clients 
     
Over the last few months we've been busy moving our program to Cambodia's capital city, Phnom Penh. It's been a challenge, but now we are here. Our new loan officer, Um Norak, has in the past month found three more excellent clients. Here they are, with a comment from each of them:

1. Mrs. Chan Heap ($250 loan)
 
   
Mrs. Chan Heap ( Selling and make fried cake):
 
"I am happy to meet Mr. Norak to come visit me at cooking place. Now, I am frying the cake to get ready to sell to customers. This month, I could earn some money to make for our daily living in village area. I want to move business and make more profit in the future. Your program is helping my family to open place to cook for Cambodian cake. Our family is very please to have your loan so we can start a small business. We thank to MfM for providing the loan to my family. Without your assistant, I can not open my a small business. Thank you for you're the loan to help my family."
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2. Mrs. Chea Sotheary ($150 loan)
  
                                
Mrs. Chea Sotheary (lunch counter):
"Today morning, Mr. Norak is visiting me at my small food serving area in my booth. I am happy to get the loan from your program; your contribution to my family is mean lots to my family. I am grateful to get the loan from MfM, without your loan, I can not start my small business. This month, I could earn some money to feed my family. Thank you for your program in Cambodia."
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3. Mrs. Hem Sothea ($100 loan)
 
Mrs. Hem Sothea (lunch counter):  
"I am grateful for your program to provide the loan to my family. With your fund, I could make a small business and food serving area. I have some customers to eat at my place every morning so that I could earn money to take care my children as you see with this photos. I am happy for Mr. Norak to visit me this morning. Thank you for the loan to my family."   
                
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Loan Officer, Um Norak

Our director, Suy Leang, has hired a new loan officer, Um Norak, who has extensive experience with other lending institutions. We're excited to have him on board.
                 


Um Norak preparing loans in Phnom Penh
 


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    Program Structure

The structure of our new program in Phnom Penh is designed for individual clients who receive their loan on a six month term. Before the loan is issued our loan officer and director conduct a thorough interview and background check. Loan installments are paid monthly based on a declining balance (interest of 15%). The installment is collected by the loan officer and transferred to our director who deposits the money into our MfM bank account. The bank deposit slip becomes part of the monthly report.

 
                  Bank deposit slip prepared by MfM director, Suy Leang     
                 Sanitation Projects

Since the start of our latrine project in July of 2013 word has spread in the community, and applications keep coming in. With the recent donation (by Letitia Ocho) of a latrine for the Houn Nara family, we've now built seventeen for some of the poorest families in the rural area of Kos Khel. Sanitation and decent toilet facilities are big issues in most rural areas of Cambodia, and the Kos Khel community is no exception.          
                               

                         The double-pit system construction begins

            
Enclosure walls are completed using corrugated tin         
   
         
               MfM director supervises delivery of the squatting ceramic            
 
        
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In This Issue
New Phnom Penh Clients
Sanitation Program
Niels  
Hi Everybody!
 
As I mentioned last month, our director, Suy Leang, who for years has done a stellar job in managing our activity in Cambodia, had developed health issues that prevent him from traveling as often as he had been doing in the past. Since he lives in Phnom Penh, we took the step to move our program from the rural area to Phnom Penh. It seemed a natural choice to make the shift.

We all know that change happens, and this has certainly been the case for us. There have been a number of delays in implementing the major change of moving the lending program. Far more than I had anticipated.   
But, finally, we are here. As I mentioned last month, Leang has had good success in finding our new loan officer, Um Norak, who has a wealth of contacts and experience. We'll be able to rely on him to find some excellent candidates for loans. So much so that we are confident to be able to issue individual loans without the usual "group system" we've been using in the past. It's a fresh start in Phnom Penh, which should work well over time.

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The first client that Norak found was Penh Raksmey, who received a loan of $200. We hope to make a significant difference in her life.

The poor in Cambodia get by on less than $2 per day - in other words, about $50. So when you look at a loan of $200 you are really looking at an amount equal to four months' income, which is a large amount of money for Raksmey. It's an amount that she could never hope to save up on her own, and gives her the capital she needs to build her business.

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This month Um Norak has secured three more clients that are featured here to the left. They appear to be excellent prospects. I'm really pleased with the work Norak is doing on our behalf. It's a good fit for our program.
     
If you would like to add your name to the list of donors you too can make a real difference for other women. Please give it some serious thought.

Click  here to make a donation.   


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      Sanitation

I should mention that we will still be serving the rural community of Kos Khel, but with only the Sanitation Program, in which we building latrines for poor families. We do this on the occasional basis as funds are available, and it requires far less ongoing supervision and support. (You'll see that we have received a new donation to cover the construction of another latrine. The photos are right here in this newsletter.)
   
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Some Detail: Two to three years ago we announced our plan to start a Cambodia Sanitation Project that supplies latrines to families in poor rural areas. Since then I've been getting the word out, and more interest has been developing in assisting with the funding. Specifically, I have in the last few months received funds to cover six more latrines. In the photos to the left you can see construction photos of the one of the most recently done for Houn Nara - funded by Letitia Ocho through her monthly payment plan.


Good sanitation is essential for health and well being, but it's not the norm in rural Cambodia. Old habits of poor hygiene, of using open fields in elimination of body waste, are still wide spread. The result is the contamination of streams and soils, the spread of disease, high rates of infant and young child mortality, and heavy caseloads of diarrhea and other infections.

According to the World Bank's Sanitation program (2008) only about 17% of Cambodian rural poor households have access to improved sanitation facilities, and by other studies it shows that among the very poor, fewer than 5% have access to a decent toilet facility. I'm extremely pleased that we are able to provide a small measure of assistance in this complex issue.
 

We're still raising funds to build more latrines for families in need. The cost for one latrine is $200. If you would like to assist in this area simply click the link below to reach our donate page. Mention "latrine sponsorship" in the "comments" section below the credit card information. You can do a one-time donation for the full amount, or do a monthly payment plan, as some donors have done. It will make a world of difference for a poor family.  
      
      
    
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Take care for now.    
 
   Niels
 Niels Lund
Executive Director
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