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Sokom is from Cambodia. She has 2 children. She needs a loan of $350 to buy pigs and feed.
Sokom is from Cambodia. She has 2 children. She needs a loan of $350 to buy pigs and feed.
Sokom is a hardworking mother of two who grows rice and seasonal vegetables, as well as raising farm animals. She is unable to invest in her farm and buy more pigs, which she can take to market for good profits. She wants to raise her income to provide better quality food for her family. She is also challenged to keep her children in school because she lacks money to pay for their school fees.
A World Vision microloan will enable Sokom to buy more pigs and pig feed, in bulk, so she can raise high-quality pigs to sell at her local market and grow her customer base.
The additional income will allow Sokom to provide more nutritious food for her family and allow her children to continue their education. With any additional savings, she will continue to buy pigs and keep expanding her business. She will be able to continue providing her customers with high-quality meat and by-products.
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.
Sokom Pha does not have any updates yet.
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