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Sayat is from Cambodia. She needs a loan of $250 to purchase seed, fertilizer, pesticide and farming tools.
Sayat is from Cambodia. She needs a loan of $250 to purchase seed, fertilizer, pesticide and farming tools.
Sayat is a farmer. She grows rice and raises animals to support her family. Despite her hard work, her farm is only marginally sustainable. She lacks the needed investment capital to expand and improve her operation. Her goal is to make her farm more profitable and improve living conditions for her family.
With a loan from World Vision, Sayat plans to purchase seed, fertilizer, pesticide, and farming tools. The additional income she will earn from these improvements will allow her to provide the basic necessities for her family and pay the school fees for her three children. In the future, Sayat plans to continue to invest in her farm by expanding her farmland and buying more animals to raise.
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.
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Thank you for empowering Sayat Seng with the opportunity to expand her farming business. With the $250 loan Sayat was able to purchase seed, fertilizer, pesticide and farming tools for her farm.
Sayat is on her way to repaying her small business loan, as she makes weekly payments of $10. Thanks to the profits she has earned, Sayat can afford to purchase her children's school supplies, purchase food for her family and expand her current business.
Sayat hopes to provide her children with a brighter future and her three children continue to study in school.
Thank you for supporting hardworking entrepreneurs like Sayat and World Vision Micro!