Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Sru is from Cambodia. She needs a loan of $250 to purchase rice and corn seed and fertilizer .
Sru supports her family by growing rice and corn. She also sometimes works as a laborer to earn extra income. Despite her efforts, her farming operation is too limited to be sustainable and she lacks the capital she needs to improve it. As a result, she has been unable to afford to send her children to school.
With a loan from World Vision, Sru plans to purchase corn and rice seed, and fertilizer to expand and improve her farm. With the extra income she earns, she plans to reinvest in the farm and continue to increase her productivity. She plans to begin saving and her six children will be able to attend school regularly. In the future, Sru hopes to begin raising pigs at home to further improve living conditions for her family.
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 Sru Hu to expand her farming and food business.
After receiving the loan from World Vision, she invested the $250 to purchase rice, corn seed, and fertilizer.
Sru has been repaying her loan on time with her new profits. She makes weekly payments of $5.
In addition to repaying her loan, Sru is using additional income to purchase food for the family and purchase fertilizer. Sru's 6 children continue to study in school.
Thank you for supporting Sru and World Vision Micro!
Thank you for supporting the small loan for Sru Hu to improve her farming business. She invested her loan of $250 to purchase rice and corn seed and fertilizer.
Sru has now repaid her loan in full. In addition to repaying her loan, Sru has used her additional income to purchase food for her family, purchase fertilizer and expand her current business.
Sru's six children continue to study in school.
The loan Sru received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Sru hopes to send her children to school and take out another loan.
Thank you for your support of Sru and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.