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MATCH: SAVE LIVES

In honor of World Refugee Day on Sunday, June 20, your gift now can double to help families seeking safety, and create a more equal future.

You have the power to make a difference.

Enter amount to give:

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Match Challenge: Your gift doubles to help refugee families with soap, water, and more.

Match Challenge: Your gift doubles to help refugee families with soap, water, and more.

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The Aftershock of Cyclone Nargis

Credit Crunch in the Delta

When Cyclone Nargis hit the Ayeyarwady Delta of Myanmar on May 2 - 3, 2008, it resulted in multiple aftershocks for the vast majority of families in the region who rely on fishing and farming to generate an income. Oxfam's assessments and work with communities in Myanmar have found that Cyclone Nargis led to a sudden reduction in the availability of affordable credit, causing what can best be described as a 'credit crunch' in the Delta. Without continued assistance, hundreds of thousands of cyclone survivors are facing a debt trap with little prospect of escape. Rebuilding their lives and livelihoods requires a comprehensive response to this debt burden, and another $US189 million over the next three years from international donors. Only then will people in Myanmar be able to completely recover from the impacts of this devastating cyclone.

Author

Oxfam

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Publication type

Briefing paper

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