Khmer Sedge Design is a social enterprise of over 300 female entrepreneurs intent on preserving ancient sedge weaving traditions within an inclusive supply chain.
Sedge is a marsh plant that grows predominantly in Southeast Asia. In Cambodia, sedge weaving dates back centuries, and despite civil war and the Khmer Rouge regime, the traditional art form continues to thrive. Ninety percent of Cambodia's sedge weavers are women, as it provides higher incomes than factory jobs and offers women the ability to work from home. This is significant for poor households, who must often send their women to urban garment factories for weeks at a time with detrimental impact on family life.
KSD’s vision is to promote decent work opportunities for women, and seeks to go further by exporting high-quality sedge products to the EU, Japan, Australia and the US. To do so requires KDS to invest $20,000 to purchase its first automated weaving machine, which will increase productivity two times, reduce production costs, and employ more weavers and farmers in the community.
By contributing to this investment into KSD's first automatic weaving machine, you will help a sustainable business grow, create incentive to train more sedge weavers, and improve hundreds of families' livelihoods.
Your investment will help connect sedge women to more world markets, and contribute positively to the alleviation of rural poverty in Cambodia.
About Uberis Capital:
Uberis Capital is an impact investing venture capital firm that supports high-growth social enterprises in Cambodia, Laos, Vietnam, Philippines, Myanmar and Indonesia. The firm seeks to benefit low-income populations by supporting social enterprises that create jobs and training opportunities, primarily in the areas of smallholder agriculture, rural energy, household improvement and hospitality.
Uberis uses Kiva loans to finance “non-investment ready” enterprises that, despite their early stage of development, show strong potential for growth and scalable social impact. Without Kiva funding, financing for these enterprises would likely be limited to scarce philanthropic capital.