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Haer is from Cambodia. She has 5 children. She needs a loan of $500 to purchase animal feed.
Haer supplements her husband’s income by growing rice and raising pigs and cows. She faces the challenge of insufficient capital to run her businesses properly. She recently purchased piglets to raise and sell, but lacks the funds she needs for their feed and for investing in her rice farming. She wants to properly support her businesses to make them more profitable so she can improve living conditions for her family.
Haer is requesting a loan from World Vision so she can purchase animal feed and invest in her rice farming. With the additional income she will earn from these improvements, she will be able to provide the daily necessities for her family and her five children will be able to attend school. Haer plans to continue to invest in and grow her businesses. She hopes to be able to cultivate more land in the future and to receive training in improved cultivation practices.
The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.
There is no community update available at this time.
Thank you for supporting a small business loan for Haer Chhin to expand her livestock business where she raises animals. After receiving the loan from World Vision, she invested the $500 to purchase animal feed.
Haer has been repaying her loan on time with her new profits. She makes weekly payments of $7.
In addition to repaying her loan, Haer is using her income to purchase food for the animals and pay her children's school fees.
Haer's five children continue to study in school.
Thank you for supporting Haer and World Vision Micro!
Haer Chhin has successfully repaid her small business loan. She invested the $500 for her farming and livestock business.
Thanks to the loan that she received, Haer was able to use the profits from her business to purchase food for the animals, provide healthcare, and food for her family. In the future, Haer aspires to earn enough to start a new business, expand her current business and purchase more livestock.
Haer's five children continue to study in school. Because she was able to invest in her business, she will be able to invest in her family.
Thank you for investing in the power of hardworking people like Haer through World Vision! These funds are now available to help other entrepreneurs in Haer's community.