Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Sreytouch is from Cambodia. She has 5 children. She needs a loan of $525 to buy cloth.
Sreytouch owns a grocery store, and she also works as a tailor. Her husband is a farmer, but they need additional income to support their five children. However, Sreytouch does not have the funds to keep her business running. She will use a loan from World Vision to purchase cloth, which will help her business get ahead and increase her profit.
When Sreytouch's grocery and tailoring business succeeds, it will promote economic growth in her village as well. Its most direct impact will be upon Sreytouch's family, though. The additional income she expects to make will help her provide for her children's education so that they will be able to escape the cycle of poverty.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.
There is no community update available at this time.
Thank you for empowering Sreytouch Kong with the opportunity to expand her grocery and tailoring business. With the $525 loan Sreytouch was able to buy more cloth for her tailoring business.
Sreytouch is on her way to repaying her small business loan, as she makes weekly payments of $6. Thanks to the profits she has earned, Sreytouch can afford to expand her current business and buy supplies in bulk.
Sreytouch hopes to provide her children with a brighter future and her five children continue to study in school.
Thank you for supporting hardworking entrepreneurs like Sreytouch and World Vision Micro!
Thank you for supporting the small loan for Sreytouch Kong to improve her grocery and tailoring business. She invested her loan of $525 to buy more cloth for her tailoring business.
Sreytouch has now repaid her loan in full. In addition to repaying her loan, Sreytouch has used her additional income to purchase food for her family and expand her current business.
Sreytouch's five children continue to study in school.
The loan Sreytouch received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Sreytouch hopes to send her children to school and purchase livestock.
Thank you for your support of Sreytouch and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.