Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Sophea is from Cambodia. She has 1 child. She needs a loan of $200 to buy fertilizer and pesticide.
Sophea has one child and is a farmer. She produces high-quality rice and wants to improve her farm. However, she does not have enough money to buy pesticide and fertilizer for her farmland. She also needs to hire labor to help her cultivate and harvest her crop before the rainy season.
This loan will be a great asset for Sophea because she will be able to make improvements and hire help. This will increase her income and enable her to better provide for her family and ensure that they have enough to eat. In future she would like to purchase farmland and to live in a better home.
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 partnering with World Vision Micro to provide Sophea Chhoeut with a small loan for her rice farming business. Sophea used her loan of $200 to buy fertilizer and pesticide. She continues to make weekly payments of $5 on time.
With the profits she has earned from her growing business, Sophea is able to provide food, clothing, and medical care for her family.
Sophea's child continues to study in school. Thanks to Sophea’s hard work, she will be able to provide a brighter future for her child.
Thank you for supporting Sophea's small business through World Vision Micro!
Thank you for supporting Sophea Chhoeut’s farming business through World Vision Micro. Sophea invested her small business loan of $200 to buy fertilizer and pesticides. She has made weekly payments of $5 and has now fully repaid her loan.
With the profits from her business, Sophea decided to purchase fertilizer and expand her current business. Sophea’s goal for the future is to earn enough so that she can expand her current business and purchase livestock.
Sophea’s child remains in school. Because of your donation, Sophea is able to provide a better future for her child.
Thank you for providing Sophea with hope and a future. These funds are now being recycled to support another hardworking entrepreneur in the same community.