Mrs. Pes Phalla’s achievements stand as a testament to the power of responsible financial planning. As a successful client of LOLC Cambodia, she has demonstrated exceptional progress through the purposeful and effective use of her loans.
Mrs. Pes Phalla’s achievements stand as a testament to the power of responsible financial planning. As a successful client of LOLC Cambodia, she has demonstrated exceptional progress through the purposeful and effective use of her loans. Residing in Ou Mkak Village, Dambouk Khpos Commune, Angkor Chey District, Kampot Province, she runs a grocery business while her husband, Mr. Nen Boeun, operates a motorcycle repair shop.
Mrs. Phalla shared that she was previously employed at a casino, and her husband had no stable employment. After receiving advice from her mother-in-law, a long-time client of LOLC Cambodia, she became interested in the financial services offered and decided to apply for her first loan in 2018. This initial loan enabled her to purchase essential motorcycle repair equipment, allowing her husband to establish his own business. Over time, Mrs. Phalla took out two additional loans, which she used to expand her grocery business and renovate their home, making it more comfortable and livable.
As a result of using the loans wisely and with a clear purpose, Mrs. Phalla’s family has experienced substantial financial growth. She is pleased to report that the increased income has enabled them to buy a car, a motorbike, and other necessary household items, while also transforming their home into a more comfortable and well-maintained environment.
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.
With a warm and friendly attitude, Mrs. Thang Hee shared her experience with using a loan, explaining that she first learned about LOLC Cambodia in 2019
With a warm and friendly attitude, Mrs. Thang Hee shared her experience with using a loan, explaining that she first learned about LOLC Cambodia in 2019 through a recommendation from her relatives. After being fully informed about the loan terms and conditions, she decided to take out a loan, which she has been using ever since.
Mrs. Thang Hee, a food vendor from Ta Baek Village, Sambour Commune, Batheay District, Kampong Cham Province, mentioned that her first loan, obtained in 2019, was used to purchase a vehicle for family use. Recognizing opportunities to boost her income, she later applied for additional loans to expand her food business and purchase farmland and a rice field. To date, she has taken out four loans in total.
Thanks to her skill in cooking and the smart use of her loans, her business has flourished. She has gained recognition and support from customers near and far for her flavorful dishes, leading to a significant improvement in her living standards.
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