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Sirout is from Cambodia. She has 3 children. She needs a loan of $450 to purchase labor and piglets.
Sirout is a rice farmer and also raises pigs. Her husband works as a primary teacher in their village. Their combined income is not sufficient to provide for the family, so Sirout works as a laborer in her free time. Her goal is to expand her livestock business and rice farm so that she can improve living conditions for her family.
With a loan from World Vision, Sirout plans to purchase more piglets, and hire labor to help her harvest the rice on time. With the additional income she will earn from these improvements, she will reinvest in her businesses by purchasing more piglets and feed, and expanding the size of her rice field. As her businesses grow and prosper, Sirout will be able to make a better life for her 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.
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Thank you for supporting a small business loan for Sirout Rum to expand her farming and livestock business.
After receiving the loan from World Vision, she invested the $450 to hire labor and purhcase piglets.
Sirout has been repaying her loan on time with her new profits. She makes weekly payments of $9.
In addition to repaying her loan, Sirout is using additional income to purchase food for the animals, purchase fertilizer, and do home repairs. Sirout's 3 children continue to study in school.
Thank you for supporting Sirout and World Vision Micro!
Sirout Rum has successfully repaid her small business loan. She invested the $450 for her farming and livestock business.
Thanks to the loan that she received, Sirout was able to use the profits from her business to purchase fertilizer and expand her current business. In the future, Sirout aspires to earn enough to expand her current business and take out another loan.
Sirout'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 Sirout through World Vision! These funds are now available to help other entrepreneurs in Sirout’s community.