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Trob is from Cambodia. She needs a loan of $250 to buy seeds, and fuel for tractor.
Trob is from Cambodia. She needs a loan of $250 to buy seeds, and fuel for tractor.
Trob is a hard working farmer growing rice and corn. She has proven her reliability with a previous loan and is asking for continued help. She wants to buy more land in order to grow more rice and corn, increasing her family’s income and standard of living. The loan will help her with the pre-season costs of fertilizer and seeds, as well as fuel for her tractor.
Before her first loan, she had no money to buy equipment for farming. Her children could not attend school regularly because they needed to help her earn income. She lived in a very small house and sometimes when her children were sick, she could not even afford paying for their treatment. With that loan, she was able to build a nicer home with more space for her family to live. She bought a new tractor, motorbike and cow. Moreover, she was able to send all 4 of her children to school without financial concerns. This has been very motivating for Trob and a great example for her 4 kids to follow of success through hard work.
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 Trob Oeurn to expand her farming and food business where she raises farming. After receiving the loan from World Vision, she invested the $250 to buy seeds, and fuel for tractor.
Trob has been repaying her loan on time with her new profits. She makes weekly payments of $5 .
In addition to repaying her loan, Trob is using additional income to purchase fertilizer, provide healthcare and purchase equipment.
Thank you for supporting Trob and World Vision Micro!
Thank you for supporting the small loan for Trob Oeurn to improve her farming and food business. She invested her loan of $250 to buy seeds, and fuel for tractor.
Trob has now repaid her loan in full. In addition to repaying her loan, Trob has used her increased income to purchase food for the animals,food for her family, and equipment.
Trob's 4 children continue to study in school.
The loan Trob received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Trob hopes to repair or expand their home, expand the current business and purchase livestock.
Thank you for your support of Trob and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.