Seizing opportunities for growth has truly brought remarkable success to Mrs. Sony’s business and livelihood!
Seizing opportunities for growth has truly brought remarkable success to Mrs. Sony’s business and livelihood!
Ms. Sony is a construction materials vendor in Ou Beng Village, Me Sar Chrey Commune, Stueng Trang District, Kampong Cham Province. Besides selling construction materials, she also raises pigs and runs a farm. With joyful expression, Mrs. Sony shared that she has been in the construction materials business for nearly three years. Currently, this business has significantly flourished, with an increase in income that satisfies her, enabling her to support her family and live a better life after utilizing two loans from LOLC Cambodia.
Ms. Sony revealed that in 2022, she had the desire to expand her construction materials business but lacked sufficient capital to fulfill that aspiration. Therefore, she sought financial assistance and decided to take out a loan from LOLC Cambodia to purchase additional construction materials to support her business expansion. After using the financial support from the loan for a while, Mrs. Sony noticed that her business had grown significantly, and she had enough materials to meet customer demand, which led to a steady increase in her income.
Due to the prosperous growth of her business, Mrs. Sony expressed her recognition that the loan, which served as financial support from LOLC Cambodia, played a crucial role in giving her the opportunity to expand her business and significantly increase her income.
I firmly believe that using LOLC Cambodia loans has genuinely helped improve my family’s standard of living
“I firmly believe that using LOLC Cambodia loans has genuinely helped improve my family’s standard of living,” shared Mrs. Seng Chakriya, a grocery and clothing business owner in Phsar Village, Phsar Commune, Baribour District, Kampong Chhnang Province.
With a warm and welcoming smile, Mrs. Chakriya explained that her business is currently thriving, thanks to the increasing support from her customers. She emphasized that this growth has been made possible through the financial support provided by LOLC Cambodia. Their contribution has driven her business to expand rapidly, aligning with her vision.
It is worth noting that, upon recommendations from current LOLC Cambodia loan users, Mrs. Chakriya decided to apply for two sequenced business expansion loans from LOLC Cambodia. She has since increased her inventory to meet the demands of her customers. With the additional capital from these loans, she has witnessed significant progress in her daily income.
Finally, Ms. Chakriya expressed her satisfaction with LOLC Cambodia’s services, highlighting their fast, reliable, and trustworthy solutions, along with their skilled and professional staff who offer excellent consultant.
It is worth noting that after receiving guidance from a direct loan user with LOLC, Chariya’s sister decided to apply for two consecutive loans from LOLC to use as capital for expanding her business.
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.
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.
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