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Sophorn is from Cambodia. She needs a loan of $75 to buy fertilizer.
Sophorn Vith operates a rice growing business in the Battambang Province of Cambodia. Due to a local water drought, her water supply has been limited causing a decrease in her rice harvest. The drought has had a major negative impact on her business and if nothing is done her crops will not survive.
With a loan from World Vision, Sophorn will be able to irrigate her fields which will lead to a better rice crop and a sustainable harvest. Sophorn supports her family with the income from her business. All profits go towards supporting her family's basic needs and help keep her family out of difficult financial stress.
Sophorn is the mother of three children.
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.
There is no community update available at this time.
Thank you for supporting a small business loan for Sophorn Vith to continue her rice growing business. After receiving the loan from World Vision, Sophorn used the $75 to purchase fertilizer.
Sophorn has been repaying her loan on time by making weekly payments of $1. She is using additional income to purchase more fertilizer and to expand her current business. Sophorn's 3 children continue to study in school.
Thank you for supporting Sophorn and World Vision Micro!
Thank you for supporting the small loan for Sophorn Vith to improve her farming and food business. She invested her loan of $75 to buy fertilizer.
Sophorn has now repaid her loan in full. In addition to repaying her loan, Sophorn has used her additional income to purchase food for her family and expand the current business.
Sophorn's three children continue to study in school.
The loan Sophorn received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Sophorn hopes to expand her current business and purchase livestock.
Thank you for your support of Sophorn and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.