Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Khoeun is from Cambodia. She has 4 children. She needs a loan of $250 to purchase seeds, fertilizer, oil.
Khoeun is a hardworking mother of four and a farmer growing rice, corn and yams. She lacks funds to buy necessary materials to sustain her farm and allow her to sell a maximum yield crop during this growing season.
A World Vision microloan will allow Khoeun to buy seeds, fertilizer and oil to grow a maximum yield crop.
The additional income will help her pay for her children's education and improve their daily living requirements. She will put aside some savings to reinvest in her farm with a goal to purchase more land for additional crops to provide food staples to her local community and to keep her children from having to migrate for work.
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 Khoeun Seb to expand her farming business. After receiving the loan from World Vision, she invested the $250 to purchase seeds, fertilizer, and oil.
Khoeun has been repaying her loan on time with her new profits. She makes weekly payments of $4.
In addition to repaying her loan, Khoeun is using additional income to purchase fertilizer and expand her current business.
Khoeun's four children continue to study in school.
Thank you for supporting Khoeun and World Vision Micro!