Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Nhorch is from Cambodia. She has 2 children. She needs a loan of $325 to purchase pigs and fertilizer .
Nhorch Sai is a mother of two children, she lives with her family in Banteay Meanchey Province. Nhorch works very hard farming rice and raising pigs, to help earn a living for her family. At this time, Nhorch lacks the funds needed to help her maintain her farm and pig raising business.
With a loan from World Vision, Nhorch will be able to purchase fertilizer for her rice field and pigs to raise. Because of the loan, Nhorch will be able to produce healthy crops of rice and pigs to sell for profit within her community. She'll also be able to grow her business and increase her income. With the additional income, Nhorch will be able to provide better living conditions for her family, provide for their 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.
Thank you for empowering Nhorch Sai with the opportunity to expand her farming business. With the $325 loan Nhorch was able to purchase pigs and fertilizer.
Nhorch is on her way to repaying her small business loan, as she makes weekly payments of $6. Thanks to the profits she has earned, Nhorch can afford to purchase fertilizer, start a new business and do home repairs.
Nhorch hopes to provide her children with a brighter future, and her 2 children continue to study in school.
Thank you for supporting hardworking entrepreneurs like Nhorch and World Vision Micro!