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Chhim is from Cambodia. She has 2 children. She needs a loan of $625 to buy grocery stock for her store.
Chhim is from Cambodia. She has 2 children. She needs a loan of $625 to buy grocery stock for her store.
Chhim, the mother of two children, is a farmer who grows rice and sells groceries. Her husband provides transportation services by using his motorbike. She does not have the capital to invest in her grocery business to keep her customers supplied and to expand her business to remain competitive.
A World Vision micro loan will restock Chhim's grocery products.
The additional income will provide her family with better living conditions, sufficient food and education for her children.
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.
Chhim Pheun does not have any updates yet.
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