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Chea is from Cambodia. She has 3 children. She needs a loan of $300 to buy pigs, pig feed, and fertilizers to support her farming ventures.
Chea March lives in the Banteay Meanchey Province of Cambodia with her husband and children. While her husband works as a technician at Kiri Sophean, she has aspirations to expand her farm business that includes crops as well as livestock, particularly pigs. Without adequate capital, she cannot invest in the supplies necessary to successfully maintain her agricultural activities. Crop pesticides are expensive, but can help produce better crop yields every year, and pig feed can help her pigs to be healthier and more marketable.
With a loan from World Vision, Chea will have the opportunity to invest money in vital supplies that will help her successfully run her agricultural ventures. The income can help her family live in a better environment with proper clothes, proper housing, adequate food supplies and good relationships with other people in the community. She can also support the educational needs of her children, who she wants to attend school and get a good education.
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.
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Thank you for supporting a small business loan for Chea March to expand her farming and livestock business. After receiving the loan from World Vision, she invested the $300 to buy pigs, pig feed, and fertilizers to support her farming ventures.
Chea has been repaying her loan on time with her new profits. She makes weekly payments of $5.
In addition to repaying her loan, Chea is using additional income to purchase food for the animals and purchase fertilizer. Chea's three children continue to study in school.
Thank you for supporting Chea and World Vision Micro!