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Eng is from Cambodia. She has 3 children. She needs a loan of $600 to buy piglets and feed.
Eng Aoy lives in Kandal Province, Cambodia. She raises pigs and sells desserts to earn an income. Eng does not have enough capitol to invest in her business.
A loan will allow Eng to purchase more piglets to raise. It will also provide her with enough money to purchase the products needed to make desserts to sell. Eng hopes to one day grow vegetables and expand her business in the area of raising piglets. Expanding her business hopefully will allow her to create at least three jobs for others in her community.
Eng has three children that she provides for. Additional income will improve her family’s standard of living.
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 Eng Aoy to expand her livestock business where she raises pigs. After receiving the loan from World Vision, she invested the $600 to buy piglets and feed.
Eng has been repaying her loan on time with her new profits. She makes weekly payments of $8.
In addition to repaying her loan, Eng is using her income to buy food for the animals, pay her children's school fees and purchase food for her family.
Eng's three children continue to study in school.
Thank you for supporting Eng and World Vision Micro!
Eng Aoy has successfully repaid her small business loan. She invested the $600 for her pig raising business.
Thanks to the loan that she received, Eng was able to use the profits from her business to purchase food for the animals, purchase food for her family and buy supplies in bulk. In the future, Eng aspires to earn enough to expand her current business, take out another loan and purchase livestock.
Eng's three children continue to study in school. Because she was able to invest in her business, she will be able to invest in her family.
Thank you for investing in the power of hardworking people like Eng through World Vision! These funds are now available to help other entrepreneurs in Eng’s community.