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Sophearin S

Sophearin is from Cambodia. She needs a loan of $250 to buy groceries to sell.

Agriculture/Animals
Community:
Saang
Country:
Cambodia
other entrepreneurs here Cambodia

Summary

Sophearin is from Cambodia. She needs a loan of $250 to buy groceries to sell.

  • Top Goals To buy groceries to sell
  • Number of Employees 2

Sophearin's Story

Sophearin Seng sells groceries and other products in Preah Vihear Province, Cambodia, and farms as well.

She wants to expand her businesses, but does not have the money she needs. A loan from World Vision will allow her to buy more groceries to sell at a profit.

Her expanded business will create jobs for two other people.

Right now, Sophearin does not make enough money to pay for her needs when she is sick. She will use her increased income to save for future needs, including improving her home and business.

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Industry Info

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.

Sophearin's Community

There is no community update available at this time.

Sophearin's Mid Term Update October 26, 2012

Thank you for partnering with World Vision Micro to provide Sophearin Seng with a small loan for her farming and grocery business. Sophearin used her loan of $250 to buy more groceries to sell. She continues to make weekly payments of $4 on time.

With the profits she has earned from her growing business, Sophearin is able to purchase food for her family and expand her current business.

Thank you for supporting Sophearin's small business through World Vision Micro!

Sophearin's Final Update April 23, 2013

Sophearin

Thank you for supporting Sophearin Seng’s farming and grocery business through World Vision Micro. Sophearin invested her small business loan of $250 to buy more groceries to sell. She has made weekly payments of $4 and has now fully repaid her loan.

With the profits from her business, Sophearin decided to purchase food for her family and expand her current business. Sophearin’s goal for the future is to earn enough so that she can send her children to school, expand her current business and take out another loan.

Thank you for providing Sophearin with hope and a future. These funds are now being recycled to support another hardworking entrepreneur in the same community.

Total Amount
$250

Amount raised

$250
$250
100%

Help Sophearin

2 Donors

  • Frank
    April 28, 2012
    Contributed to 0 other loans
  • Kevin
    May 01, 2012
    Contributed to 41 other loans

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