CORDE News

Empowering isolated Cambodian communities through education in English literacy, moral development, environmenal awareness and health.  

CORDE’S new community banking program

Posted March 1st, 2011 by Hamphira with 1 Comment

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In January 2011, CORDE implemented a Community Banking Program giving staff, students and volunteers the opportunity to meet every Friday to learn the principles behind collective saving and borrowing. The objective of CORDE’s Community Banking Program is to promote family and community prosperity through a community-based organization that provides credit for small productive activities. There are 26 members of CORDE’s Community Bank thus far who are from a diverse array of villages and districts throughout the Battambang province. CORDE is excited by the potential to generate 26 micro enterprises across the Battambang Province.