Mrs. Nov Sary, a 61-year-old woman, and her 62-year-old husband, Mr. Chem Pheun, reside in Tamau Village, Prey Khnor Commune, Mesang District, Prey Veng Province.
They have four children, all of whom have their own occupations. To support their household the couple runs a land plowing service using a tractor for the villagers in their community.
Before engaging in this work, Mrs. Sary and her husband relied entirely on their income from construction work. However, as they grew older and their physical strength declined, the strenuous nature of construction became too exhausting for them, and the income was insufficient. Recognizing the need for change, they decided to invest in a new livelihood by purchasing a tractor to offer plowing services. Mrs. Sary praised her husband for his dedication and hard work, noting that after the plowing season ended, he would travel to Phnom Penh city to earn additional income as a Tuk-Tuk driver.
Mrs. Sary revealed that they were able to purchase the tractor with financial support from LOLC Cambodia, securing a loan of $1,500. This initial loan enabled them to establish a stable livelihood and significantly increase their earnings through land plowing services. Encouraged by their success, they later applied for a second loan to purchase a vehicle for family use.
Expressing her satisfaction with LOLC Cambodia’s loan products, Mrs. Sary emphasized how this financial support had improved her family's living conditions. Most importantly, it allowed them to maintain a reliable source of income, especially during farming seasons, making a significant difference in their lives.
Mr. Nhok Youpersevered and eventually became the owner of a soup shop, which has gained strong support from his customers in the area. His currently resides and operates his soup business in Roluos Village, Preah Damrei Commune, Stoung District, Kampong Thom Province.
Mr. You shared his experience after returning from Thailand, saying that upon returning to his hometown, he used a relative's location to open a soup restaurant as a source of income to support his family’s livelihood. However, due to a lack of capital, he was unable to expand his restaurant to the size he had dreamed of. By coincidence, he received a recommendation about LOLC Cambodia’s loan products from a relative who was a former client of LOLC Cambodia
With a clear understanding and confidence in the loan terms, Mr. You decided to apply for his first loan from LOLC Cambodia, amounting to USD 6,000, to purchase a plot of land in the village with the intention of building a residence or a soup restaurant that would serve as his own business premises. Later, in 2023, he applied for an additional loan of USD 12,500 from LOLC Cambodia to expand his soup business and purchase children's toys for resale.
Through his personal development and persistent effort, Mr. You’s soup business gained increasing support and attracted more and more customers, with orders continuously coming in due to the delicious and flavorful taste of his soup. A unique feature of his shop is that customers do not need to dine in, as he provides a delivery service, so customers can simply place their orders via phone or Telegram. In addition, Mr. You also offer soup catering services for various events, based on the customer’s needs.
Mr. You's intelligence, perseverance, and responsible use of LOLC Cambodia loans have contributed to his business's growth. He stated, "Today, I have a stable source of income and a more comfortable life, thanks to having sufficient capital to support the expansion of my business.
Ms. Chanra owns two coffee shops: the first one is in Thkov Village, Chheu Teal Commune, Banan District, Battambang Province, and the second one is in Banan Village, Kantueu Pir Commune, also in Banan District, Battambang Province.
With her experience and trusted financial support from LOLC Cambodia have become important capital resources driving Mrs. Rieng Chanra’s business.
As the owner of a coffee shop that has been operating for over six years, Ms. Chanra shared her journey of starting and expanding her business until she achieved the success she enjoys today. Currently, she owns two coffee shops: the first one is in Thkov Village, Chheu Teal Commune, Banan District, Battambang Province, and the second one is in Banan Village, Kantueu Pir Commune, also in Banan District, Battambang Province.
With a bright smile, Mrs. Chanra recounted that before opening her own café, she used to work as a staff member at another coffee shop. This job gave her the skills and knowledge necessary to eventually run her own businesses. Nevertheless, financial support played a crucial role in enabling her to open and operate her businesses.
In 2020, Mrs. Chanra applied for her first loan of USD 5,000 from LOLC Cambodia to fund the startup of her dream café. Her first business showed strong potential and operated successfully. In 2021, she applied for a second loan of USD 7,000 to further invest in her growing business. Seeing its continued, stable growth, Mrs. Chanra decided to open her second coffee shop in 2023 with a third loan of USD 9,000 from LOLC Cambodia.
By using LOLC Cambodia’s financial services responsibly, Mrs. Chanra not only succeeded in opening her own businesses but also gained financial stability and a better living standard. Through her wise use of the loans, she has ensured the continued growth of her business and an improved quality of life for herself and her family.
Ms. Song Ley, a food and snack vendor in Kouk Kandal Village, Lvea Krang Commune, Varin District, Siem Reap Province.
I am very satisfied with using loans from LOLC Cambodia because LOLC Cambodia provides excellent services, a wide range of financial products, and especially, the staff are friendly and provide clear guidance on how to use the loan properly and purposefully,” said Ms. Song Ley, a food and snack vendor in Kouk Kandal Village, Lvea Krang Commune, Varin District, Siem Reap Province.
Mrs. Ley recalled that before taking out a loan from LOLC Cambodia, she had explored the loan conditions offered by several other financial institutions, with the intention of applying for a loan to expand her business. However, after receiving advice about the services and loan products offered by LOLC Cambodia from her younger sibling who is also a customer of LOLC Cambodia, she has gained a better understanding of LOLC Cambodia’s loan products. Eventually, she became one of LOLC Cambodia’s clients and applied for multiple loans to support the growth of her business over time.
Mrs. Ley added that she has been using loans since 2017 up to the present for various purposes, applying for a loan of 8,000,000 Riels as working capital to invest in her business. This financial support provided her with the opportunity to create additional sources of income, which improved her sales and allowed her to meet more customer demands. She also applied for an additional loan of USD 2,350 to further expand her business, with part of the loan used to purchase a motorbike for both family use and business purposes. Furthermore, she applied for a loan of USD 20,000 for purchasing land intended for building a house in the future.
In the interview with LOLC Cambodia staff, Mrs. Ley also shared that her current success is the result of significant financial support from LOLC Cambodia combined with her own hard work and determination. This progress has enabled her to build her own home and to obtain household appliances for personal use, improving her overall quality of life.
Mr. Teng Sam Ang and his wife are business owners who make pickled green mustard for sale in Chanlak Village, Kokir Commune, Kien Svay District, Kandal Province.
They have three children under their care, who are currently studying in primary school. During their free time, the children often help with easy tasks in the pickled green mustard business, such as washing and cutting the cabbage.
Before becoming clients of LOLC Cambodia, Mr. Som Ang shared that he and his family lacked sufficient capital to expand their business. Their determination to grow the business and overcome these challenges led Mr. Som Ang and his wife to discuss and seek solutions. As a result, they chose LOLC Cambodia as their financial partner to support their business expansion.
To date, Mr. Som Ang and his wife have taken four consecutive loans from LOLC Cambodia to expand their business. These loans have provided the necessary capital to sustain and grow their operations. With this support, they were able to construct a suitable facility for their pickled green mustard production and purchase a vehicle for business use.
The growth of their business has significantly improved the family's living conditions. Increased income has allowed them to renovate their house into a new, comfortable, and safe home, enhancing their quality of life and financial stability.
#666B, Street 271, Kbal Tumnub Muoy Village, Sangkat Boeng Tumpun 2, Khan Mean Chey, Phnom Penh, Cambodia.
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