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Yory is from Cambodia. She needs a loan of $250 to purchase fertilizer, pesticides and farming tools.
Yory is from Cambodia. She needs a loan of $250 to purchase fertilizer, pesticides and farming tools.
Yory Look is a mother of seven children, she lives with her family in Kampongchhnang Province. Yory works hard farming rice, to help provide for her family. Yory at this time lacks the funds needed to sustain and grow her farm.
With a loan from World Vision, Yory will be able to purchase fertilizer, pesticides and farming tools, to help her cultivate and sustain her rice farm. Because of the loan, Yory will be able to grow her farming business and increase her income. With the additional income, Yory will be able to provide for her family's daily needs and pay for her childrens education.
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.
Yory Look does not have any updates yet.
