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Toch S

Toch is from Cambodia. She has 5 children. She needs a loan of $250 to buy rice seeds.

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

Summary

Toch is from Cambodia. She has 5 children. She needs a loan of $250 to buy rice seeds.

  • Top Goals To buy rice seeds
  • Children Helped 5

Toch's Story

Toch Say lives in Kompong Chhang. She belongs to a family of farmers and fishers. She is currently suffering great financial hardship that is preventing her from being successful. She cannot buy rice seeds for her farm nor fishing materials. She needs to irrigate her farm but she cannot afford water pumping machines.

Toch Say is requesting a loan to buy rice seeds and fishing equipment. This loan will make it possible for her struggling businesses to continue and to provide her family with better living conditions. Besides that, she will be able to send her children to school. It is her goal to expand her business and to one day open up a grocery stand.

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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.

Toch's Community

Sandan district, in Kampong Thom province, is located in the east. There is a history of heavy logging here. The logs fell and the money flowed. But when international pressure forced the Cambodian government to stop deforestation, the money dried up.

Now Cambodians in Sandan struggle. Forty percent of the population live below the international poverty line of $1.25 per day (UNICEF). Improvements are needed in social services, healthcare, schools, and roads. More than 38,000 people live in Sandan, most making a living through agriculture or small businesses, but they lack the infrastructure that would them grow more crops and put an end to chronic food shortage.

The Sandan Area Development Program was established by World Vision in 1995. World Vision has helped to construct irrigation projects, train farmers on new agricultural methods, build latrines, construct culverts, train teachers on new teaching methods, and instruct health agents on nutrition and vaccination regimes.

Toch's Mid Term Update October 11, 2012

Thank you for partnering with World Vision Micro to provide Toch Say with a small loan for her farming and food business. Toch used her loan of $250 to buy rice seeds. She continues to make weekly payments of $5 on time.

With the profits she has earned from her growing business, Toch is able to buy supplies in bulk, purchase fertilizer and do home repairs.

Toch's five children continue to study in school. Thanks to Toch’s hard work, she will be able to provide a brighter future for her them. Thank you for supporting Toch's small business through World Vision Micro!

Toch's Final Update March 28, 2013

Thank you for supporting the small loan for Toch Say to improve her farming and food business. She invested her loan of $250 to buy rice seeds.

Toch has now repaid her loan in full. In addition to repaying her loan, Toch has used her additional income to maintain or repair equipment, purchase fertilizer and purchase equipment.

Toch's fvie children continue to study in school.

The loan Toch received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Toch hopes to repair or expand their home and expand her current business.

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

Total Amount
$250

Amount raised

$250
$250
100%

Help Toch

1 Donors

  • Robyn
    April 26, 2012
    Contributed to 2 other loans

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