Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Or is from Cambodia. She has 4 children. She needs a loan of $325 to purchase fertilizer and livestock.
Or Sear is a mother of four children, she lives with her family in Banteay Meanchey Province. Or works very hard farming vegetables, rice and livestock, to help provide for her family. At this time, Or lacks the funds needed to maintain her farming business.
With a loan from World Vision, Or will be able to purchase fertilizer and livestock for her farmlands. Because of the loan, she'll be able to grow healthy crops and livestock to sell for profit. Or will be able to grow her farming business and increase her income. With the additional income, Or will be able to provide for her family's 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 partnering with World Vision Micro to provide Or Sear with a small loan for her farming and livestock business. Or used her loan of $325 to purchase fertilizer and livestock. She continues to make weekly payments of $6 on time.
With the profits she has earned from her growing business, Or is able to purchase food for the animals, fertilizer and equipment.
Or's 4 children continue to study in school. Thanks to Or’s hard work, she will be able to provide a brighter future for her 4 children.
Thank you for supporting Or's small business through World Vision Micro!
Thank you for supporting the small loan for Or Sear to improve her farming and livestock business. She invested her loan of $325 to purchase fertilizer and livestock.
Or has now repaid her loan in full. In addition to repaying her loan, Or has used her additional income to purchase fertilizer, start a new business and purchase equipment.
Or's four children continue to study in school.
The loan Or received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Or hopes to start a new business, repair or expand their home and take out another loan.
Thank you for your support of Or and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.