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Sokhom is from Cambodia. She has 2 children. She needs a loan of $500 to purchase an irrigation pump.
Sokhom supports her family by farming. She is highly motivated to improve her farm, but she lacks the capital needed for the necessary investments. Her farm is in need of proper irrigation and improved farming methods. She wants to make her business more profitable so she can provide a better life for her family.
A loan from World Vision will allow Sokhom to purchase an irrigation pump. She also plans to learn proper techniques for using fertilizer and pesticides. With the additional income she will earn from these improvements, she will be able to provide her family’s daily necessities and send her two children to school regularly. In the future, Sokhom wants to open a store where she will sell groceries, fertilizer, and pesticides.
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.
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Thank you for empowering Sokhom Hen with the opportunity to expand her farming business. With the $500 loan Sokhom was able to purchase an irrigation pump.
Sokhom is on her way to repaying her small business loan, as she makes weekly payments of $6. Thanks to the profits she has earned, Sokhom can afford to purchase school supplies, fertilizer and equipment.
Sokhom hopes to provide her children with a brighter future, and her 2 children continue to study in school.
Thank you for supporting hardworking entrepreneurs like Sokhom through World Vision Micro!