Project ID: 95771

Ping An Insurance expands female artisan poverty alleviation program in Cambodia and donates supplies

Summary

Funding agency [Type]

Ping An Insurance [State-owned Company]

Recipient

Cambodia

Sector

Other social infrastructure and services (Code: 160)

Flow type

Grant

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2021-05-18

Actual start

2021-05-18

Actual complete

2021-05-18

Description

On May 18, 2021, Ping An Insurance Company of China announced the expansion of their poverty alleviation program in Cambodia and donated supplies for the project through their subsidiary, Ping An Puhui. The donated supplies included 60 sets of sewing machines, cloth cutters, clothing irons, and other equipment. These supplies will be used within the poverty alleviation project to support local women artisans with specific handicraft skills. The monetary value of this donation is unknown. The poverty alleviation project will look for women in Cambodia with specific handicraft skills and provide them with technical training and handicrafts production opportunities. These efforts will promote local women's employment and the economic development of their communities. More than 80 women in Cambodia have already participated in the program, increasing their income from RMB 3,200 per year to more than RMB 10,000 per year.

Number of official sources

0

Number of total sources

5

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Details

Cofinanced

No

Indirect receiving agencies [Type]

Government of Cambodia [Government Agency]

Implementing agencies [Type]

Government of Cambodia [Government Agency]