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Orn Toek is from Cambodia. She needs a loan of $250 to buy piglets and grow more vegetables.
Orn Toek is from Cambodia. She needs a loan of $250 to buy piglets and grow more vegetables.
Orn Toek Prak lives in Kampong Speu Province, Cambodia. She is a farmer who grows rice, soybean, vegetables and raises farm animals. Unfortunately Orn Toek has not had enough capital to purchase fertilizer or to buy more animals to raise.
Orn Toek wants to cultivate the land to grow more products. She also wants to increase the size of her pig pen in order to raise more pigs.
Orn Toek has five children and wants to improve their living conditions besides providing the necessary daily items. Additional income will help provide for her family and to send her children to 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.
Nearly 70,000 people live in In Cambodia’s Phnom Sruoch district, one of the region’s poorest districts. Situated in an area of plateaus and mountains, approximately 90 percent of residents are subsistence farmers. Some people earn meager incomes selling rice, charcoal, firewood, or small animals that they have raised. But food shortages still occur four to five months per year. Social services, infrastructure and markets are poorly constructed or non-existent.
World Vision began the Phnom Sruoch Area Development Program in 2001. Accomplishments have included educating livestock farmers on animal health and treatment; establishing home gardens; teaching people about proper hygiene and sanitation to prevent illness; and drilling new wells and upgrading old ones. These changes have helped residents to improve 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 Orn Toek Prak to expand her farming and livestock business. After receiving the loan from World Vision, she invested the $250 to buy piglets and grow more vegetables.
Orn Toek has been repaying her loan on time with her new profits. She makes weekly payments of $4. In addition to repaying her loan, Orn Toek is using additional income to purchase food for the animals, purchase food for the family, and purchase fertilizer. Orn Toek's 5 children continue to study in school.
Thank you for supporting Orn Toek and World Vision Micro!
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