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Sokhorn K

Sokhorn is from Cambodia. She has 5 children. She needs a loan of $400 to buy ingredients to expand dessert sales.

Commerce
Community:
Samrong Tong
Country:
Cambodia
other entrepreneurs here Cambodia

Summary

Sokhorn is from Cambodia. She has 5 children. She needs a loan of $400 to buy ingredients to expand dessert sales.

  • Top Goals To buy ingredients to expand dessert sales
  • Children Helped 5

Sokhorn's Story

Sokhorn, the mother of five, sells desserts for a living; her husband is a taxi driver. Due to the lack of money, she cannot expand her business. She hopes to find more customers and she wants to have good partners to supply her with the necessary materials she needs to make her desserts.

A World Vision micro loan will allow Sokhorn to purchase the supplies she needs to make her dessert business profitable.

The added income will make her family's living conditions better. Her children can attend school and she can cover school supplies and clothing after repaying her loan.

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Industry Info

Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.

Sokhorn's Community

There is no community update available at this time.

Sokhorn's Mid Term Update January 07, 2013

Thank you for empowering Sokhorn Khim with the opportunity to expand her dessert sales business. With the $400 loan Sokhorn was able to buy ingredients to expand her dessert business.

Sokhorn is on her way to repaying her small business loan, as she makes weekly payments of $5. Thanks to the profits she has earned, Sokhorn can afford to purchase food for her family, expand her current business and buy supplies in bulk.

Sokhorn hopes to provide her children with a brighter future and her five children continue to study in school.

Thank you for supporting hardworking entrepreneurs like Sokhorn and World Vision Micro!

Sokhorn's Final Update September 16, 2013

Sokhorn

Sokhorn Khim has successfully repaid her small business loan. She invested the $400 for her dessert sales business.

Thanks to the loan that she received, Sokhorn was able to use the profits from her business to purchase her children's school supplies and buy supplies in bulk. In the future, Sokhorn aspires to earn enough to expand her current business and take out another loan.

Sokhorn's five 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 Sokhorn through World Vision! These funds are now available to help other entrepreneurs in Sokhorn's community.

Total Amount
$400

Amount raised

$400
$400
100%

Help Sokhorn

5 Donors

  • Brian
    April 29, 2012
    Contributed to 114 other loans
  • Delois
    April 30, 2012
    Contributed to 0 other loans
  • Craig
    April 30, 2012
    Contributed to 1 other loans
  • Yukewui
    April 30, 2012
    Contributed to 3 other loans
  • Lynne
    April 30, 2012
    Contributed to 1 other loans

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