Mr. Bun Ravan started his career as a small grocery store owner and gradually built and managed three successful businesses simultaneously.
Mr. Bun Ravan started his career as a small grocery store owner and gradually built and managed three successful businesses simultaneously. He is now the owner of a petrol station, a Wing agent, and a grocery store owner, all based in Kandol Village, Svay Chek Commune, Angkor Thum District, Siem Reap Province.
In an interview with LOLC Cambodia staff, Mr. Ravan shared that his current success is partly due to the financial support provided by LOLC Cambodia and his persistent efforts. Beginning with a small wooden store selling groceries and beverages, he always had the ambition to expand his business.
In 2018, Mr. Ravan applied for and received his first loan from LOLC Cambodia to grow his business, enabling him to stock enough groceries for his store. This marked the beginning of his store’s growth. He later obtained additional loans to expand further, establishing two new ventures: a petrol station and a Wing agency, which provided additional income opportunities.
With multiple rounds of financial support from LOLC Cambodia, Mr. Ravan significantly improved his livelihood. He successfully strengthened and developed all three of his businesses into stable and sustainable ventures. This support also allowed him to enhance his family’s quality of life by building a new, comfortable home for his family.
From a garment factory worker, Mrs. Roeun Thoeun has created opportunities for herself by transitioning to a grocery store owner, which has significantly improved her livelihood.
Mrs. Thoeun is a grocery seller in Prek Tnaot Village, Tangsya Commune, Phnom Sruoch District, Kampong Speu Province, and currently lives with her husband, who is a wedding chair delivery man and a daughter.
Although her business is already running, Mrs. Thoeun has been considering ways to further grow her business. To strengthen it, she explored the loans offered by LOLC Cambodia after being introduced by acquaintances in her village. Once she fully understood the loan conditions, she quickly seized the opportunity to expand her business, which has continued to grow to this day.
Mrs. Thoeun shared her experience, explaining that she has taken out two cycles of loans from LOLC Cambodia to buy more supplies for her grocery business, and used part of the loan to renovate her home, improving her living conditions. “I am truly happy to have my own business, which provides regular income to support my family. Moreover, I have enough time to take care of my child and live in my own home more comfortably than before,” said Mrs. Roeun Thoeun.
Finally, she praised the LOLC Cambodia staff for their professionalism, offering clear information on loan terms and conditions before issuing the loan. Additionally, she appreciated the friendliness and quick service provided by the staff, which left her very satisfied.
A single source of income was not enough for Mrs. Kong Sreya to achieve financial stability!
Mrs. Sreya is currently a vendor selling grocery and beverages (such as coconut juice, sugarcane juice, and various canned drinks), with her business located in Roboah Angkanh Village, Preaek Aeng Commune, Chbar Ampov District, Phnom Penh. She lives with her husband, Som Chanthy, and their two children, a son and a daughter.
Mrs. Sreya shared that she was dissatisfied with her previous living conditions, as her limited income did not allow her to expand her business. As a result, she started considering ways to generate additional revenue. Initially, she only sold beverages like coconut juice, sugarcane juice, and canned drinks. However, after careful consideration and receiving financial support from LOLC Cambodia, she decided to expand her business by adding grocery selling. This support enabled her to set up her selling location and purchase more supplies to start her new business.
With a bright smile, Mrs. Sreya revealed that she has taken out two loan cycles form LOLC Cambodia. In 2021, she applied for $6,000 to start a new business, and in 2024, she used an additional $1,000 to help it grow. Her efforts paid off, and her business has since grown significantly, leading to increased income, well beyond her initial savings.
The financial support from LOLC Cambodia has significantly contributed to improving Mr. Theng’s living conditions...
Early in the morning, Mr. Yem Theng rises quickly from his bed to prepare for his daily routine, driving his vehicle to pick up factory workers and transport them to their workplace. This has been his regular occupation. Besides transporting workers, Mr. Theng is also a vendor selling "chap houy" desserts, operating in Trapeang Buon Village, Svay Commune, Samaki Meanchey District, Kampong Chhnang Province.
Mr. Theng mentioned that while his family's living conditions were stable, he saw an opportunity to increase his income and grow his business further. To achieve this, he sought financial support from a trusted partner to expand his grocery-selling business. Through social media, he learned about LOLC Cambodia. After receiving clear information from LOLC Cambodia’s staff, he decided to take out a loan to meet his business expansion needs. To date, he has taken four loan cycles in total.
The financial support from LOLC Cambodia has significantly contributed to improving Mr. Theng’s living conditions. Today, he offers a wide variety of products for his customers, and his income has grown remarkably. This success is a result of his hard work, combined with the strategic and purposeful use of the loans.
Mrs. Chan La shared that her rice milling business has been running smoothly because she now has sufficient capital to purchase rice, stock it for milling and sell to customers. That capital came from her savings and financial support from LOLC Cambodia.
Lack of capital is no longer a challenge for Mrs. Chan La!
Mrs. Chan La shared that her rice milling business has been running smoothly because she now has sufficient capital to purchase rice, stock it for milling and sell to customers. That capital came from her savings and financial support from LOLC Cambodia.
Mrs. La owns a rice mill located in Prasat Village, Prasat Commune, Kampong Trabaek District, Prey Veng Province. She buys rice from farmers both within and outside the region, stocks it for sale, and mills it into rice to fulfill orders from her customers, both retail and wholesale. In 2018, Mrs. La faced a shortage of capital for business operations.
Due to an urgent and necessary need for additional capital to purchase rice for stockpiling and milling into rice for sale, Mrs. La sought a reliable financial partner who could support her business expansion. She decided to apply for a loan from LOLC Cambodia and has continued using the loans up to the present, across two cycles, thanks to her trust in LOLC Cambodia’s excellent services. The first cycle was 15,000 USD, and the second cycle amounted to 60,000,000 Riels.
Mrs. Chan La’s story clearly demonstrates that LOLC Cambodia’s loans have significantly contributed to the growth and sustainability of their customers’ businesses, ensuring continued progress and success.
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