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Sreytouch K

Sreytouch is from Cambodia. She has 5 children. She needs a loan of $525 to buy cloth.

Commerce
Community:
Bati
Country:
Cambodia
other entrepreneurs here Cambodia

Summary

Sreytouch is from Cambodia. She has 5 children. She needs a loan of $525 to buy cloth.

  • Top Goals To buy cloth
  • Children Helped 5

Sreytouch's Story

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.

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Industry Info

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.

Sreytouch's Community

There is no community update available at this time.

Sreytouch's Mid Term Update December 25, 2012

Sreytouch

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!

Sreytouch's Final Update September 24, 2013

Sreytouch

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.

Total Amount
$525

Amount raised

$525
$525
100%

Help Sreytouch

14 Donors

  • Loreen
    March 20, 2012
    Contributed to 39 other loans
  • Krista
    March 20, 2012
    Contributed to 27 other loans
  • Jen
    March 20, 2012
    Contributed to 40 other loans
  • Dani
    March 20, 2012
    Contributed to 39 other loans
  • Niki
    March 20, 2012
    Contributed to 15 other loans
  • Kerrijo
    March 20, 2012
    Contributed to 10 other loans
  • Janet
    March 20, 2012
    Contributed to 41 other loans
  • Wanda
    March 21, 2012
    Contributed to 40 other loans
  • Susan
    March 21, 2012
    Contributed to 38 other loans
  • Sherry
    March 21, 2012
    Contributed to 18 other loans
  • Eunice
    March 21, 2012
    Contributed to 19 other loans
  • Pat
    March 21, 2012
    Contributed to 40 other loans
  • Sally
    March 23, 2012
    Contributed to 14 other loans
  • Christopher
    March 27, 2012
    Contributed to 3 other loans

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