Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Sarom is from Cambodia. He needs a loan of $200 to buy farming supplies to improve his farm .
Sarom is a hardworking farmer, married with two children. He struggles to provide for his family due to low crop yields which results in a low income. He knows by purchasing a few supplies he would be able to improve his farm and increase his yields, but he has not had the money to make those purchases.
A loan from World Vision will enable him to improve his farm and increase his crop yields. The income he generates will allow him to better provide for his family, send his children to school, and to invest in his farm.
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 Sarom Hert with a small loan for his farming business. Sarom used his loan of $200 to buy farming supplies to improve his farm. He continues to make weekly payments of $4 on time.
With the profits he has earned from his growing business, Sarom is able to purchase food for his family, purchase fertilizer and expand his current business.
Sarom's two children continue to study in school. Thanks to Sarom’s hard work, he will be able to provide a brighter future for his children.
Thank you for supporting Sarom's small business through World Vision Micro!