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Sorn is from Cambodia. She needs a loan of $250 to buy fertilizer and hire laborers.
Sorn is from Cambodia. She needs a loan of $250 to buy fertilizer and hire laborers.
Sorn grows rice and cashews and also raises animals. She is lacking the capital to buy fertilizer to increase her crop yields and is having a difficult time providing enough food for her entire family.
With a loan from World Vision, Sorn would be able to buy fertilizer and hire laborers to help harvest her crops. With the increased profit she would be able to provide healthy food for the family and support her children's education. She hopes they will stay in school rather than dropping out and looking for jobs in the city.
She strongly believes that this loan will be a great help for her and her family and Sorn hopes to enlarge her farmland and start a new business. The additional income would mean her family would have access to health care and they would be able to save some money for the children to continue their studies.
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 Sorn Yen with the opportunity to expand her farming business. With the $250 loan Sorn was able to buy fertilizer and hire laborers.
Sorn is on her way to repaying her small business loan, as she makes weekly payments of $5. Thanks to the profits she has earned, Sorn can afford to provide healthcare and food for the family and start a new business.
Sorn 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 Sorn through World Vision Micro!
