Mr. Dalet is a skilled auto mechanic in Hanchey Ti Bei Village, Han Chey Commune, Chhloung District, Kratie Province.
While repairing a car, Mr. Tit Dalet shared, “My auto repair business has grown and is running more smoothly than before, after I used a loan from LOLC Cambodia as capital to expand my business.”
Mr. Dalet is a skilled auto mechanic in Hanchey Ti Bei Village, Han Chey Commune, Chhloung District, Kratie Province. He is highly dedicated to earning an income to support his family. Over time, he expanded his auto repair business, achieving significant growth and attracting more customers to his shop, thanks to his expertise and professionalism. This growth has greatly improved his family’s standard of living.
During the interview, Mr. Dalet revealed that he successfully expanded his auto repair business by leveraging two cycles of financial support from LOLC Cambodia. He used the loan to purchase auto parts and repair equipment, as well as allocate a portion of the funds to buy agricultural land as an asset.
With a joyful smile, Mr. Dalet expressed his gratitude to LOLC Cambodia for providing financial support through its loan products, offering favorable terms and conditions that helped him expand his business. This support not only contributed to the growth of his business but also increased his family's income.
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.
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.
#666B, Street 271, Kbal Tumnub Muoy Village, Sangkat Boeng Tumpun 2, Khan Mean Chey, Phnom Penh, Cambodia.
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