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Seak is from Cambodia. She needs a loan of $250 to buy fertilizer and piglets.
Seak is from Cambodia. She needs a loan of $250 to buy fertilizer and piglets.
In order to support her family, Seak grows rice and other seasonal crops, as well as raises chickens. Unfortunately, she earned very little income from her last season's harvest, so she is unable to buy fertilizer for her rice field. To prevent this from happening in the future, she wants to expand her livestock raising business because it yields a higher income then farming alone.
With a micro loan from World Vision, Seak will be able to buy fertilizer for her next harvest because it is an important farming tool that helps her crops yield a greater harvest, leading to more produce sales. She will also be able to purchase piglets to raise so as to add a new dimension to her livestock raising business. By increasing the diversity from which she earns her income, Seak will become more financially stable.
With her increased income Seak will be able to provide her family a healthier diet and improve their living conditions. She will also be able to cover her two children's educational expenses so that they can have hope for a brighter future.
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.
Cambodia’s climate is subtropical. The dry season runs from November to May and the rainy season from May to November. Densely forested mountains surround large plains. The country continues to recover from 25 years of civil war and the brutal Khmer Rouge communist regime. One in every 236 Cambodians has lost a limb due to land mines. World Vision is helping to rid the country of land mines as well as provide skills training to the disabled.
One of the poorest districts in its province, Prasath Sambo is located in north-central Cambodia. While the land looks fertile, poor water systems make farming very difficult. Approximately 65 percent of people lack adequate food for four to six months annually, and others go hungry for the whole year. Nearly all villagers own their own rice field but their yields are low. The poorest families lack irrigation systems and so combined with droughts, poor farming knowledge, and a lack of rice seed, production is far below its potential. World Vision has stepped in to teach community members about growing home gardens and raising animals.
Educational opportunities are limited due to the cost of tuition and school books. Currently, 70 percent of Cambodia’s 14 million people are under 30 years old. This young generation faces various challenges. With some children leaving school to help with farming, it has become more important to offer educational opportunities, like vocational training. World Vision assists families with small loans to begin businesses that provide families with income to send their children to school.
Thank you for partnering with World Vision Micro to provide Seak Phach with a business loan for her farming business. Seak used her loan of $250 to buy fertilizer and pigs.
She continues to make weekly payments of $5 on time.
With the profits she has earned from her growing business, Seak is able to purchase fertilizer, expand her current business and provide healthcare for her family.
Seak's two children continue to study in school. Thanks to Seak’s hard work, she will be able to provide a brighter future for her family.
Thank you for supporting Seak's small business through World Vision Micro!
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