Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Chhern is from Cambodia. She has 6 children. She needs a loan of $200 to buy farming materials and food.
Chhern, a mother of six, is a farmer who grows rice and other seasonal crops for a living. She is struggling to provide for her family and lacks the financial capital she needs to expand her business. She needs a loan in order to feed her family and get access to needed farming materials.
With a loan from World Vision Chhern will be able to buy food to eat and fertilizer for her rice field. This will allow her to generate more income which will ensure that she and her family will have enough to eat and allow them to improve their living conditions. Chhern also plans to save for her children's education.
In the future, Chhern hopes to enlarge her farmland as well as start a new business.
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 Chhern Chai with a business loan for her farming business. Chhern used her loan of $200 to buy farming materials and food.
She continues to make weekly payments of $4 on time.
With the profits she has earned from her growing business, Chhern is able to purchase food for her animals and purchase fertilizer.
Chhern's six children continue to study in school. Thanks to Chhern’s hard work, she will be able to provide a brighter future for her family.
Thank you for supporting Chhern's small business through World Vision Micro!
Thank you for supporting the small loan for Chhern Chai to improve her farming business. She invested her loan of $200 to buy farming materials and food for her family.
Chhern has now repaid her loan in full. In addition to repaying her loan, Chhern has used her additional income to purchase food for the animals, purchase food for her family, and expand her current business.
Chhern's six children continue to study in school.
The loan Chhern received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Chhern hopes to expand her current business and purchase livestock.
Thank you for your support of Chhern and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.