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Vet is from Cambodia. She has 1 child. She needs a loan of $350 to buy farming materials.
A mother of one, Vet is a farmer who grows rice and corn, as well as raises ducks, for a living to support her family. She desires to expand her business by buying needed farming materials, but lacks the financial resources to do so.
With a loan from World Vision Vet will be able to buy fertilizer, as well as rice and corn seeds for her farm. This will allow her to cultivate her land effectively. She will also be able to afford buying food for her ducks. With the additional profits, Vet will be able to improve her family's living conditions and send her child to school. She hopes to become a role model for her neighborhood and her community.
In the future, Vet hopes that as her income increases, she will be able to expand her farmland and plant many more crops like sesame and peanut.
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 Vet Ern to expand her farming business. After receiving the loan from World Vision, she invested the $350 to buy farming materials.
Vet has been repaying her loan on time with her new profits. She makes weekly payments of $6.
In addition to repaying her loan, Vet is using additional income to purchase fertilizer and expand her current business.
Vet's child continues to study in school.
Thank you for supporting Vet and World Vision Micro!