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Pheap is from Cambodia. She needs a loan of $175 to buy fertilizer and pesticide.
Pheap lives with her family in Banteay Meanchey Province in the northwest of Cambodia. She grows rice and runs a small business. She does not have enough money to buy fertilizer and pesticide for her growing crops, nor to support her family properly.
With a loan from World Vision, she will be able to buy the farming materials she needs. Eventually she would like to enlarge her farmland and start a new business. She will save some money for her children education and fix her old house.
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.
Pheap Chea does not have any updates yet.