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Phoek is from Cambodia. She has 2 children. She needs a loan of $250 to purchase more pigs and pig feed.
Phoek Un is a mother of two children, she lives with her family in Kompung Thom Province. Phoek works very hard farming rice, cashew and raising pigs to help earn a living for her family. At this time Phoek lacks the funds needed to purchase more pigs and pig feed to continue her business successfully.
With a loan from World Vision, Phoek will be able to purchase more pigs and pig feed. Because of the loan, Phoek will be able to grow healthy pigs to sell for profit within her community. She'll also be able to expand her businesses and generate more income. With the additional income, Phoek will be able to provide for her family's daily needs, send her children to school and pay for their 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.
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 empowering Phoek Un with the opportunity to expand her farming and livestock business. With the $250 loan Phoek was able to purchase more pigs and pig feed.
Phoek is on her way to repaying her small business loan, as she makes weekly payments of $5. Thanks to the profits she has earned, Phoek can afford to purchase food for the animals, purchase food for her family and expand the current business.
Phoek 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 Phoek and World Vision Micro!