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Huen is from Cambodia. She needs a loan of $250 to buy fertilizer and hire labor.
Huen is from Cambodia. She needs a loan of $250 to buy fertilizer and hire labor.
Huen grows rice and seasonal vegetables. She needs a loan from World Vision to invest in more fertilizer and hire workers to help her harvest her crops.
As Huen makes a greater income, she will be able to continue buying the tools and materials she needs to continue farming. She will also save up to buy more farmland and invest in more piglets to raise.
Huen has eight children, seven of whom are still living at home. She cannot afford to pay for their education or to provide enough healthy food for the whole family. She works hard in the hope that one day she will be able to send all of her children to school and feed her family well. Huen also dreams of being able to afford health care services 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 supporting a small business loan for Huen Da to expand her farming business. After receiving the loan from World Vision, she invested the $250 to buy fertilizer and hire workers to help her harvest her crops.
Huen has been repaying her loan on time with her new profits. She makes weekly payments of $6.
In addition to repaying her loan, Huen is using additional income to pay for transportation and expand her current business.
Huen's eight children continue to study in school.
Thank you for supporting Huen and World Vision Micro!
