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Un is from Cambodia. She has 3 children. She needs a loan of $250 to buy seasonal vegetable seeds and farming supplies.
Un is from Cambodia. She has 3 children. She needs a loan of $250 to buy seasonal vegetable seeds and farming supplies.
Un works hard to support her three children. She works for others on their farms to plant and harvest crops. Un would like to grow her own corn and peanuts but she doesn't have enough money to purchase the necessary farming supplies.
A loan would enable her to buy what she needs to grow a bountiful crop that will earn a good profit at the market. She would like to be able to purchase more farmland and raise animals.
With the additional income she would earn, Un would provide more nutritious food for her family and send her children to school. She would also save money and learn new farming techniques.
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 supporting a small business loan for Un Chhern to expand her farming business. After receiving the loan from World Vision, she invested the $250 to buy seasonal vegetable seeds and farming supplies.
Un has been repaying her loan on time with her new profits. She makes weekly payments of $5.
In addition to repaying her loan, Un is using her additional income to buy supplies in bulk and purchase fertilizer.
Un's three children continue to study in school.
Thank you for supporting Un and World Vision Micro!
