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That H

That is from Cambodia. She has 4 children. She needs a loan of $350 to expand her business and hire a worker .

Agriculture/Animals
Community:
Prasath Ballang
Country:
Cambodia
other entrepreneurs here Cambodia

Summary

That is from Cambodia. She has 4 children. She needs a loan of $350 to expand her business and hire a worker .

  • Top Goals To expand her business and hire a worker
  • Children Helped 4
  • Number of Employees 2

That's Story

That is the mother of four children. She grows cassava and cashew nuts, she also raises a few pigs.

That wants to expand her buisness and hopefully hire another worker to speed up the plowing and planting process and therefore increase her crop production.

With a loan from World Vision That would be able her to expand her business by increasing the amount of cultivated land used for growing cassavas and cashews. She also plans to incease the number of pigs she raises. With an increase in income, she will be able to invest more money into her buiness, buy more food for her family and be able to send her children to school.

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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.

That's Community

In Cambodia’s Prasath Ballang district, social services, infrastructure, and markets are poorly constructed or non-existent. Home to 8,000 families, nearly 95 percent of the residents rely on farming to meet their needs. Others are engaged in crafts or small business. Food shortages occur throughout the year.

World Vision established the Prasath Ballang Area Development Program in 1994. Accomplishments include helping families establish home gardens; teaching farmers new agricultural methods; educating residents on malaria prevention; providing scholarships to students to continue their education; and constructing wells and latrines. These changes have helped the Cambodian people to begin making improvements in their lives.

To help increase household productivity and income, World Vision seeks to provide small business loans for the benefit of poor entrepreneurs. The World Vision-affiliated VisionFund Cambodia microfinance institution does things like educate entrepreneurs about microfinance, disburse loans, and manage repayments. With these loans, borrowers are empowered to expand farming, or start and expand small businesses to generate income. As borrowers earn more money, they can provide their children with nutritious food and an education.

That's Mid Term Update October 22, 2012

That

Thank you for supporting a small business loan for That He to expand her farming and livestock business. After receiving the loan from World Vision, she invested the $350 to expand her business and hire a farm worker.

That has been repaying her loan on time with her new profits. She makes weekly payments of $7 .

In addition to repaying her loan, That is using additional income to purchase food for the animals, fertilizer, as well as to purchase food for her family.

That's 4 children continue to study in school.

Thank you for supporting That and World Vision Micro!

That's Final Update April 08, 2013

Thank you for supporting the small loan for That He to improve her farming and livestock business. She invested her loan of $350 to expand her business and to hire a farm worker.

That has now repaid her loan in full. In addition to repaying her loan, That has used her additional income to expand her current business and purchase needed equipment.

That's four children continue to study in school.

The loan That received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, That hopes to take out another loan and purchase more livestock.

Thank you for your support of That and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$350

Amount raised

$350
$350
100%

Help That

13 Donors

  • Shandy
    May 04, 2012
    Contributed to 15 other loans
  • Donna
    May 04, 2012
    Contributed to 37 other loans
  • Jamee
    May 04, 2012
    Contributed to 9 other loans
  • Jeannie
    May 04, 2012
    Contributed to 9 other loans
  • Joyce
    May 04, 2012
    Contributed to 37 other loans
  • Le Anne
    May 04, 2012
    Contributed to 27 other loans
  • Sam Jay
    May 04, 2012
    Contributed to 37 other loans
  • Nicole
    May 04, 2012
    Contributed to 34 other loans
  • Tina
    May 04, 2012
    Contributed to 12 other loans
  • Gena
    May 04, 2012
    Contributed to 10 other loans
  • Tracy
    May 04, 2012
    Contributed to 28 other loans
  • Shelley
    May 04, 2012
    Contributed to 37 other loans
  • Jamie
    May 04, 2012
    Contributed to 26 other loans

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