Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Bors is from Cambodia. She needs a loan of $500 to buy seed, fertilizer, and piglets; and hire labor.
Bors is a farmer in Kampong Thom, Cambodia. She makes her living by growing both dry season and wet season rice. She raises pigs at home to generate supplementary income since the profits from growing rice are so little.
With a loan from World Vision, Bors can buy gasoline to pump water into her rice field. In addition, she can purchase more pigs. Her family can earn a better income because of this loan.
In the future, she hopes to buy additional land for growing rice and other crops. She plans to build pigpen, so she can raise many more pigs and keep them healthy. Her children will be able to finish secondary school.
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 supporting a small business loan for Bors Po to expand her farming and livestock business. After receiving the loan from World Vision, she invested the $500 by buying seed, fertilizer, and piglets. She also hired laborers.
Bors has been repaying her loan on time with her new profits. She makes weekly payments of $6. In addition to repaying her loan, Bors is using additional income to purchase food for the animals, purchase fertilizer, and expand the current business. Bors's 5 children continue to study in school.
Thank you for supporting Bors and World Vision Micro!
Thank you for supporting the business loan for Bors Po to improve her farming business. She invested her loan of $500 to buy seed, fertilizer, and piglets; and hire labor.
Bors has now repaid her loan in full.
In addition to repaying her loan, Bors has used her additional income to provide food for her family, purchase fertilizer and expand her current business.
Bors's five children continue to study in school.
The loan Bors received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Bors hopes to send other children to school, expand the current business and purchase livestock.
Thank you for your support of Bors and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.