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Bunthoeun is from Cambodia. He needs a loan of $250 to build a larger pig pen.
A father of two children, Bunthoeun works on a farm growing soybeans and raising pigs for a living. He would like to expand his business by raising more pigs but he does not have the capital he needs to build a bigger pig pen and to buy more piglets.
With a loan from World Vision Bunthoeun will be able to buy more pigs as well as build a larger pen to contain them. His plan is to buy a sow for raising and breeding and to sell the piglets to other villagers. With the income he earns, he will be able to invest in his cultivation business by buying fertilizer to use in his field. He will also be able to better provide for his family. His future hope is to be a role model to others by providing advice and suggestions in regards to his business.
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 supporting a small business loan for Bunthoeun Oun to expand his farming and livestock business. After receiving the loan from World Vision, he invested the $250 to build a larger pig pen, purchase more piglets to raise, and also buy some fertilizer for his soybeans.
Bunthoeun has been repaying his loan on time with his new profits. He makes weekly payments of $5.
Bunthoeun is using additional income to purchase food for the animals and food, clothing, and medical care for his family. Bunthoeun's two children continue to study in school.
Thank you for supporting Bunthoeun and World Vision Micro!