Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Bun is from Cambodia. She has 5 children. She needs a loan of $250 to purchase seed, fertilizer and pesticide.
Bun supports her family by farming. She grows rice and corn, and raises animals. In order to improve living conditions for her family, she needs investment capital to expand and improve her operation to make her farm more sustainable and profitable.
With a loan from World Vision, Bun will purchase seeds, fertilizer and pesticide. She also plans to begin growing other seasonal vegetables. With these improvements, she will be able to provide her family’s daily necessities and pay the school fees for her five children. In the future, Bun plans to continue to invest in her farm by expanding her land and growing a greater variety of seasonable vegetables.
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.
More than 56,000 people make their home in Cambodia’s Leuk Daek district. Located in Kandal province, improvements are needed in social services, healthcare, schools, and roads. Agriculture is the main source of family income, yet 37 percent of the population experiences food shortages for more than four months of the year.
World Vision established the Leuk Daek Area Development Program in 2000. Accomplishments include helping families establish home gardens, teaching farmers new agricultural methods, immunizing children, constructing calverts, and supporting a canal renovation. These changes have helped the Cambodian people to begin making improvements in their lives.
The World Vision-affiliated VisionFund Cambodia microfinance institution does things like educate entrepreneurs about microfinance, disburse loans, and manage repayments. This gives impoverished rural people a chance to back away from local moneylenders and begin sustainable employment opportunities.
Thank you for empowering Bun Sarith with the opportunity to expand her farming business. With the $250 loan Bun was able to purchase more seeds and fertilizer.
Bun is on her way to repaying her small business loan, as she makes weekly payments of $5. Thanks to the profits she has earned, Bun can afford to purchase food for her family, pay for transportation and expand her current business.
Bun hopes to continue to send her five children to school, improve their quality of life, and point them toward brighter futures.
Thank you for supporting hardworking entrepreneurs like Bun and World Vision Micro!