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Koeury is from Cambodia. She has 3 children. She needs a loan of $150 to spend on her farm and to buy land.
Koeury Ou lives in Banteay Meanchey Province, Cambodia. She has 3 children and works as a farmer. Because there is little work or opportunity in her community, some of her family members work as laborers in Thailand. Koeury does not have the money needed to spend on necessary materials for her farm like fertilizer and methods of irrigation.
Koeury is requesting a loan so that she can improve her farm and bring in a higher yield. A larger yield will bring in more income and improve her family's living conditions. She will be able to send her children to school which will have a great impact on their lives. Moreover, any improvement to a business in Koeury's community will help to lift the entire community from poverty.
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.
There is no community update available at this time.
Thank you for supporting a small business loan for Koeury Ou to expand her farming and food business. After receiving the loan from World Vision, she invested the $150 to spend on her farm and to buy land.
Koeury has been repaying her loan on time with her new profits. She makes weekly payments of $3.
In addition to repaying her loan, Koeury is using her additional income to purchase fertilizer and expand the current business. Koeury's 3 children continue to study in school.
Thank you for supporting Koeury and World Vision Micro!
Koeury Ou has successfully repaid her small business loan. She invested the $150 for her agriculture/animals business.
Thanks to the loan that she received, Koeury was able to use the profits from her business to purchase fertilizer and expand her current business. In the future, Koeury aspires to earn enough to repair or expand their home and expand her current business.
Koeury's three children continue to study in school. Because she was able to invest in her business, she will be able to invest in her family.
Thank you for investing in the power of hardworking people like Koeury through World Vision! These funds are now available to help other entrepreneurs in Koeury’s community.