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Oeurn is from Cambodia. She has 3 children. She needs a loan of $200 to stock her snack food.
Oeurn, the mother of three, sells food snacks and her husband is a sugar-palm climber. Their combined income is not enough to adequately support their family.
A World Vision microloan will help her to buy food stocks for her business. Her husband can access more materials to produce sugar-palm.
The additional income will help her to expand her home business. She can send her children to school and provide more nutriitous food for her whole family. Any savings will be reinvested in snack foods to ensure her family's living conditions are improved and sustained.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.
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.
Oeurn Eth does not have any updates yet.