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Sokha is from Cambodia. She needs a loan of $175 to buy silk.
Sokha weaves silk from her home. She cannot afford to restock her business with the silk she needs, so she will use a loan from World Vision to invest in more silk so that she can continue to make a profit.
Sokha hopes to expand her business by reinvesting her profits into her business. She is a hard worker, and she loves to create beautiful silk artistry for her neighbors.
She has six children, and she needs more income in order to continue paying for all of their school fees. Sokha will use her additional income to provide enough food for her family, support her children's education, and increase her family's quality of living.
In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.
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Sokha Ly does not have any updates yet.