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Sa Reng is from Cambodia. She needs a loan of $250 to buy fertilizer and livestock.
Sa Reng is from Cambodia. She needs a loan of $250 to buy fertilizer and livestock.
Sa Reng grows rice and raises poultry. She cannot afford to buy more fertilizer for her rice field, so she needs a loan from World Vision to buy fertilizer and additional livestock.
As Sa Reng makes a greater income from her farm, she plans to enlarge her farmland and raise more poultry. She also hopes to start a new business in the future.
Sa Reng is a mother of five children, but her current income is not enough to send all of them to school. She will use her additional income to continue investing in her farm and to increase her family's standard of living. Sa Reng dreams of paying for all of her children's education, sufficient food for the family, and better health care for her family.
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 Sa Reng Sem with the opportunity to expand her farming business. With the $250 loan Sa Reng was able to buy fertilizer and livestock.
Sa Reng is on her way to repaying her small business loan, as she makes weekly payments of $6. Thanks to the profits she has earned, Sa Reng can afford to purchase her children's school supplies, expand her current business and purchase equipment.
Sa Reng hopes to provide her children with a brighter future and her five children continue to study in school.
Thank you for supporting hardworking entrepreneurs like Sa Reng and World Vision Micro!
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