Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Bopha is from Cambodia. She needs a loan of $250 to buy sugarcane, groceries and juicing machine .
Bopha, the mother of two, sells snacks and beverages (sugarcane juice) in her village. She also sells groceries out of her home. She cannot afford to buy sugarcane or restock her grocery store; and, she needs a juicing machine to increase her beverage output.
A World Vision micro loan will allow Bopha to restock her groceries, buy more sugarcane and a juicing machine to increase her sales and better meet customer demand.
The additional income will be used to further invest in her grocery and juice business. She can save for her children's education and their living conditions will improve. She can contribute more to her local economy.
In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.
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Thank you for supporting a small business loan for Bopha Doung to expand her food and grocery business. After receiving the loan from World Vision, she invested the $250 to buy sugarcane, groceries and a juicing machine. Bopha has been repaying her loan on time with her new profits. She makes weekly payments of $5.
In addition to repaying her loan, Bopha is using additional income to purchase food for the family, buy supplies in bulk and expand the current business. Bopha's 2 children continue to study in school.
Thank you for supporting Bopha and World Vision Micro!