Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Eart is from Cambodia. She needs a loan of $325 to purchase pigs, fertilizer and pesticides.
Eart Sear is a mother of one child, she lives with her family in Banteay Meanchey Province. Eart works very hard farming rice and raising pigs for profit, to help provide for her family. At this time, Eart lacks the funds needed to help her maintain her farm and pig raising business.
With a loan from World Vision, Eart will be able to purchase fertilizer and pesticides for her farmland, along with more pigs. Because of the loan, Eart will be able to grow healthy crops and pigs to sell to the local markets for profit. She'll also be able to grow her business and increase her income. With the additional income, Eart will be able to provide for her family's daily needs and pay for her childs 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 Eart Sear with the opportunity to expand her farming business. With the $325 loan Eart was able to purchase pigs, fertilizer and pesticides.
Eart is on her way to repaying her small business loan, as she makes weekly payments of $6. Thanks to the profits she has earned, Eart can afford to purchase food for the animals, purchase fertilizer and start a new business.
Eart hopes to provide her children with a brighter future, and her 1 child continues to study in school.
Thank you for supporting hardworking entrepreneurs like Eart and World Vision Micro!