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Sreyher is from Cambodia. He has 3 children. He needs a loan of $275 to buy farming tools, fertilizer, pesticide, and animals.
Sreyher is from Cambodia. He has 3 children. He needs a loan of $275 to buy farming tools, fertilizer, pesticide, and animals.
Sreyher lives in Banteay Meanchey Province in the northwest of Cambodia. He grows rice and raises animals and also own a clothes store. However he does not have enough money to buy fertilizer and pesticide, so his business does not provide him enough income to support his family's needs.
With a loan from World Vision he will be able to buy fertilizer and pesticide and generate enough income to support his family. Eventually he would like to enlarge his farmland, expand his business, and buy more animals to raise.
With the additional income he can send his children to school and provide them with healthy food.
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 partnering with World Vision Micro to provide Sreyher Koeun with a small loan for his farming and livestock business. Sreyher used his loan of $275 to buy farming tools, fertilizer, pesticide, and animals. He continues to make weekly payments of $5 on time.
With the profits he has earned from his growing business, Sreyher is able to purchase food for his family, purchase fertilizer and expand his current business.
Sreyher's three children continue to study in school. Thanks to Sreyher’s hard work, he will be able to provide a brighter future for his children.
Thank you for supporting Sreyher's small business through World Vision Micro!
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