Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Sim is from Cambodia. She has 4 children. She needs a loan of $250 to purchase pigs and seeds.
Sim grows rice, lotus and raises pigs. She did not make good profits from her last harvest and has no money to reinvest in the farm.
A World Vision micro loan will allow her to have the capital to buy seeds and more pigs to sell to her local market.
The added income will allow her family to have better living conditions; her children would be able to go to school.
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.
More than 56,000 people make their home in Cambodia’s Leuk Daek district. Located in Kandal province, improvements are needed in social services, healthcare, schools, and roads. Agriculture is the main source of family income, yet 37 percent of the population experiences food shortages for more than four months of the year.
World Vision established the Leuk Daek Area Development Program in 2000. Accomplishments include helping families establish home gardens, teaching farmers new agricultural methods, immunizing children, constructing calverts, and supporting a canal renovation. These changes have helped the Cambodian people to begin making improvements in their lives.
The World Vision-affiliated VisionFund Cambodia microfinance institution does things like educate entrepreneurs about microfinance, disburse loans, and manage repayments. This gives impoverished rural people a chance to back away from local moneylenders and begin sustainable employment opportunities.
Thank you for partnering with World Vision Micro to provide Sim Doung with a small business loan for her farming business. Sim used her loan of $250 to purchase pigs and seeds. She continues to make weekly payments of $4 on time.
With the profits she has earned from her growing business, Sim is able to pay her children's school fees and purchase fertilizer.
Sim's four children continue to study in school. Thanks to Sim’s hard work, she will be able to provide a brighter future for her family.
Thank you for supporting Sim's small business through World Vision Micro!
Sim Doung has successfully repaid her small business loan. She invested the $250 for her farming and livestock business.
Thanks to the loan that she received, Sim was able to use the profits from her business to pay her children's school fees, purchase food for her family and purchase fertilizer. In the future, Sim aspires to earn enough to send her children to school, expand her current business and take out another loan.
Sim's four 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 Sim through World Vision! These funds are now available to help other entrepreneurs in Sim’s community.