Micro financing does not work in Cambodia. The spiritual aspect of unpaid debt often causes feelings of deep depression because, as Buddhists, they believe if they die in debt they will be reincarnated in a lower life form. Without this program, families must hide their savings in the form of cash, which can be easily lost and stolen.
Tabitha’s relationship with a family will last for 5-7 years. This is long enough to allow families to break the cycle of poverty and graduate to complete financial independence. Families move from poverty to a middle class rural Cambodian lifestyle.
Only 2% of the funds raised in Canada are used for Canadian administration because we are volunteer-run. All the rest is sent to Cambodia.
We hire locals to make changes from the ground up. They know what works within their own culture.http://tabitha.ca/why-we-are-unique/