Mrs. Mao Chanthy has transformed into a successful restaurant owner, gaining widespread support from customers after using a loan from LOLC Cambodia to expand her business.
Mrs. Mao Chanthy is the owner of the " Mlup Chheu Teal" restaurant, located in Kampong Trach Village, Kampong Trach Commune, Romeas Haek District, Svay Rieng Province. She shared her business success story spanning 17 years. Initially, due to her talent and culinary skills, she began as a small-scale soup vendor within her community. Over time, her soup business gained more and more customer support, leading Mrs. Chanthy and her husband to plan to expand their business to meet the growing customer demand. However, a lack of capital remained a significant obstacle in their business expansion journey.
The solution came when Mrs. Chanthy consulted an LOLC Cambodia staff who was also a regular customer at her soup stall. In 2021, she and her husband decided to take their first loan of $11,000 to renovate and enlarge their soup shop. Following that, in 2023, they applied for an additional loan of $20,000 to purchase adjacent land for building the restaurant and creating more extensive parking space for motorcycles and cars.
After completing the new business premises, Mrs. Chanthy transformed her small soup stall into a restaurant offering a variety of dishes, customized packaging services, and ample space for customers. These improvements attracted an increasing number of customers.
Through the two loans from LOLC Cambodia, Mrs. Chanthy's business not only grew significantly but also improved her family's living standards and increased their income. She emphasized, “The loan from LOLC Cambodia has genuinely uplifted my family’s standard of living and helped my business thrive. It also enabled us to accumulate wealth by purchasing land to build our restaurant.
Mr. Noun Thein, the owner of a Zinc handicraft grinding business and a construction materials trading business, located in Prey Pring Khang Cheung 1 Village, Sangkat Chaom Chau 3, Khan Pur SenChey, Phnom Penh.
I am truly delighted because my handicraft and business have achieved significant growth, allowing me to meet customer demands effectively, thanks to having sufficient capital to support my operations.” This is the statement of Mr. Noun Thein, the owner of a Zinc handicraft grinding business and a construction materials trading business, located in Prey Pring Khang Cheung 1 Village, Sangkat Chaom Chau 3, Khan Pur SenChey, Phnom Penh.
Mr. Thein explained how he obtained the necessary capital to support his business and handicraft: When he was struggling with financial capital to purchase zinc from abroad and lacked sufficient inventory to meet local market demands, he happened to learn about LOLC Cambodia by chance. He then met with a Financial Sale Adviser from LOLC Cambodia to discuss his capital needs for expanding his business and handicraft.
After receiving two loans from LOLC Cambodia, Mr. Thein used the funds to develop his zinc grinding business and construction materials trading business. The first loan, amounting to $15,000 in 2023, and the second loan of $20,000 in 2024, provided him with the means to grow his business. As a result, his businesses have operated more efficiently, enabling him to supply and fulfill his customers’ needs effectively.
Through the growth of his businesses, Mr. Thein’s family’s living conditions have significantly improved. He transformed his old wooden house into a beautiful, comfortable new flat, equipped with all necessary household items. Additionally, he acquired transportation means such as a motorcycle and a car for his family’s use.
Mrs. Phon Theara is actively engaged in running a food business, and selling sausage, dried beef and buffalo meat. Her business is in Sko Dach Village, Ta Kao Commune, Prey Veng District, Prey Veng Province.
As a hardworking and responsible woman dedicated to her family, Mrs. Phon Theara is actively engaged in running a food business, and selling sausage, dried beef and buffalo meat. Her business is in Sko Dach Village, Ta Kao Commune, Prey Veng District, Prey Veng Province. Her husband, Mr. Sim Vatha, is a primary school teacher at Ta Kao Primary School. The couple has two daughters. Their eldest, 24 years old, runs a food business in Phnom Penh, while their second daughter, 21 years old, helps Mrs. Theara with her food business.
Determined to provide for her family, Mrs. Theara works tirelessly to ensure customer satisfaction with the taste and quality of her food. As a result, she has gained strong support from her customers, which has motivated her to expand her business to accommodate the growing demand for her food. However, financial constraints prevented her from making the necessary improvements, as her savings were not enough to fulfill her ambitions. Thus, she decided to seek a reliable financial partner.
In 2022, after discussing with her husband, Mrs. Theara applied for and secured a $5,000 loan from LOLC Cambodia to achieve her business expansion goals. She also used part of the loan for other purposes, such as purchasing a motorbike for her husband and investing in farmland to resell later at a higher price.
Following the strategic use of the loan, her business experienced significant growth, allowing her to meet customer demand more efficiently. The expansion brought several positive outcomes, including the ability to enlarge the dining area in front of her home, produce more dried meat, and most importantly increase her income. This financial growth has enabled her to provide a better quality of life for her family.
Finally, Mrs. Theara expressed her gratitude, stating that without the financial support from LOLC Cambodia, she would not have been able to expand her business successfully. She is delighted to see her business flourish and remain stable, as it serves as the backbone of her family's financial well-being.
Mrs. Pov is a tire and animal feed retailer, operating her business in Phum Buon Village, Preaek Khsay Kha Commune, Peam Ro District, Prey Veng Province.
With a smile, Mrs. Un Pov shared that the purposeful use of her loan and the favorable conditions offered by LOLC Cambodia has given her the opportunity to expand her business and improve her quality of life, as she now has sufficient personal assets such as a car and a motorcycle.
Today, Mrs. Pov is a tire and animal feed retailer, operating her business in Phum Buon Village, Preaek Khsay Kha Commune, Peam Ro District, Prey Veng Province. She has been running these businesses for many years. Mrs. Un Pov is a hardworking entrepreneur who has wisely utilized the LOLC Cambodia loan to strategically grow her business.
In 2017, Mrs. Pov applied for her first loan from LOLC Cambodia of USD 40,000 to purchase a vehicle for use in her business such as transporting bicycles, spare parts, and animal feed to her customers. After successfully utilizing her first loan, she applied for an additional loan of USD 12,000 in 2024 to further expand her business by purchasing more bicycles and animal feed, allowing for greater growth and a broader market reach.
With financial support from LOLC Cambodia, Mrs. Pov can supply high-quality bicycles and animal feed, fully meeting the needs of her customers. Moreover, her shop has also added bicycle repair services. What makes it even more special is that, with her own transportation means, Mrs. Pov has enhanced her business services to a higher level by ensuring timely and efficient delivery of goods to her customers. These factors have enabled her business to grow rapidly, as it has attracted an increasing number of customers to purchase goods from her shop.
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.
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