Income from various sources, combined with proper financial support, has led to stable, strong, and secure financial management for Mrs. Chheak Sin’s family.
Mrs. Sin is a food vendor and grocery seller. In addition to these jobs, she is also a farmer and pig raiser, residing in Pongro Ta Lei Village, Ampil Commune, Banteay Ampil District, in Oddar Meanchey Province.
Mrs. Sin shared with LOLC Cambodia that her income has increased significantly from the four occupations mentioned above, thanks in part to LOLC Cambodia’s loans. She made sound decisions and had clear plans for utilizing the loans effectively, which has brought significant improvements and growth to her family’s livelihood.
She added that she had been aware of LOLC Cambodia’s loan products for a long time and decided to seek consult and use the loans for three consecutive cycles. Mrs. Sin revealed that she applied for her first loan in 2022 to buy more inventory for her grocery-selling business. Later, she took a second loan in 2023 to build two Khmer cottages (ខ្យុស) to accommodate guests in her food business, and a portion of the loan was used to start a new business: buying pigs for raising and selling. The most recent loan was requested to expand the purchase of farming supplies to double crop yields, while the remaining amount was used to purchase an additional grocery-selling inventory in 2024.
Ms. Sin’s story highlights how LOLC Cambodia’s loans have played a crucial role in strengthening and growing clients’ businesses, as well as enhancing their family’s income-generating capacity, ultimately improving their overall quality of life.
Mrs. Mov Kimsrong, 32 years old, is a businesswoman from Ou Chrok village, Krouch commune, Prey Chhor district, Kampong Cham province, who runs a business selling household items and construction materials.
Mrs. Mov Kimsrong, 32 years old, is a businesswoman from Ou Chrok village, Krouch commune, Prey Chhor district, Kampong Cham province, who runs a business selling household items and construction materials. Additionally, she serves as a Wing agent, offering money withdrawal and transfer services within her community. She currently lives with her husband, a taxi driver, and their sons.
Mrs. Kimsrong’s business journey began with a strong commitment to improving her family’s well-being. To achieve this, she utilized three loan cycles from LOLC Cambodia to raise capital and expand her business.
In 2022, she applied for her first loan to purchase a minibus for her husband’s taxi business. She then took out a second loan to increase her store’s inventory to expand her stock to meet the growing demands of her community and improve customer satisfaction. These wise investments have significantly increased her family’s income.
Currently, Mrs. Kimsrong's business is flourishing, thanks to her strong determination and the financial support from LOLC Cambodia, which has enabled her to plan her life effectively and secure a bright future for her family.
“I am fully able to establish a pig-raising business for resale and pork sales thanks to the support from LOLC Cambodia loans.”
Capital is truly essential for Mrs. Vorn Tang E!
While washing her pigs, Mrs. Tang E gave an interview to LOLC staff with a bright smile, saying “I am fully able to establish a pig-raising business for resale and pork sales thanks to the support from LOLC Cambodia loans.” With this support, she gained enough capital to establish and expand her business, which has continued to grow and thrive to the present day.
Mrs. Tang E explained that in the beginning, she was only a farmer. Later, with financial backing from LOLC Cambodia, she started a new business of buying and selling pigs, located in Khsak Village, Khsak Commune, Popeal District, Tbong Khmum Province. Without hesitation, she further shared that she has used LOLC Cambodia loans for four different cycles, starting with the first one to create her pigs reselling business and then subsequent loans to expand the business to its current success.
In her concluding remarks, she expressed satisfaction with LOLC Cambodia’s loans, as they provided her with the opportunity to establish a new business and helped her grow it successfully. This has also improved her family’s economy and living conditions, thanks to the significant increase in income.
Mr. Hun Phearum credits the financial support from LOLC Cambodia with driving the growth of his business, enabling him to provide a quality education for his children, and earning him recognition within the community.
Mr. Hun Phearum is a motorcycle mechanic based in Tuol Chrey Village, Barang Thleak Commune, Phnum Proek District, Battambang Province. Despite his many years of dedication to the business, he has struggled to generate a substantial income. Recognizing the potential for growth and improvement, Mr. Phearum viewed financial assistance as a strategic opportunity to expand his business and enhance his quality of life.
With an initial loan from LOLC Cambodia, Mr. Phearum's business began to thrive. Pleased with the results, he continued to utilize LOLC Cambodia's financial services, taking out loans for four consecutive cycles. This enabled him to purchase additional equipment and expand his motorcycle repair shop significantly.
Today, Phearum's family enjoys greater prosperity, which has enabled him to expand his business, attract wider customer support, and invest in his children's education. This improved financial stability has also allowed him to transform his home from a modest wooden structure into a larger, more substantial stone house.
With a pretty smile, Mrs. Mong Nie Eang expressed her gratitude and happiness to LOLC Cambodia for the positive changes in her family's situation.
She credited the LOLC Cambodia loans for empowering her to establish a thriving business, support her family, and save for the future.
Mrs. Mong Nie Eang, a resident of Ou Reang Ov district, Tboung Khmum province, has successfully cultivated piper betel and areca palm trees. She has two children: her eldest son helps manage the family business, while her youngest daughter is still in high school.
Faced with a lack of capital to expand her business and cultivate piper betel and areca palm, Mrs. Nie Eang, driven by her commitment to hard work and determination to build a better life, sought reliable financial assistance. Ultimately, she chose LOLC Cambodia as her financial partner. In 2021, her family's economic situation and business began to flourish after securing a loan from LOLC Cambodia to expand her business. The success experienced from this initial financial assistance from LOLC Cambodia encouraged her to continue utilizing loans to further broaden her cultivation efforts, thereby significantly enhancing the scope and scale of her plantation.
Mrs. Nai Eang's diligent efforts as a grower and seller of piper betel and areca palm resulted in high yields and good sales. Her unwavering dedication not only improved her customer supply but also significantly increased her family's income. This financial success enabled her to build two additional houses, purchase several hectares of land, and accumulate sufficient reserves to further expand her business
#666B, Street 271, Kbal Tumnub Muoy Village, Sangkat Boeng Tumpun 2, Khan Mean Chey, Phnom Penh, Cambodia.
Information Security
