Mr. Thaong Pun grocery and food seller and farmer
Mr. Thaong Pun Through an official loan from LOLC, my family income has increased. “I am really happy that LOLC Cambodia’s loans have driven my business to grow and increase my family's income.” Mr. Thong Pon said, grocery and food seller and farmer, located in O'Kandear village, O'Kandear Senchey commune, O'Kreang Senchey district, Kratie province. With convenience and trust, Mr. Thaong Pun continued to use the LOLC Cambodia’s loans up to 6 cycles for the purpose of business expansion by purchasing additional groceries and foods for sale including buying fertilizer for cashew and cassava plantations. Since Mr. Thongpon first used the loan, he has noticed that his business has improved and grown steadily, which increased his daily income. As a result, he continued to use loans from LOLC Cambodia up to the present that give him enough capital to strengthen and expand his business to be stable and strong.
Mr. Thaong Pun added, “LOLC Cambodia’s loans have greatly improved my family's livelihood because with LOLC Cambodia’s loan, I can get reasonable interest rate, fast service and professional service from staff at all levels.”
Mrs. Hoeng Vanna business of selling fried food, papaya salad, Khmer noodles
Miss. Koeum Oun, using loans in the right target is not a burden but increases business potential. Miss. Koeum Oun is currently a food seller in the village located in Pak Sneng Thmey village, Pak Sneng commune, Angkor Thom district, Siem Reap province. In addition, she is also a pot casava farmer. She has expanded her food business to become stronger and more stable, which is now very much supported by the guests through her quality food and has increased her income very well. Of course, the strength of her business is an important involvement of the LOLC Cambodia’s loan that she applied for capital to expand the business after receiving recommendation from her relative who has been using LOLC Cambodia’s loan.
The business growth and high income enabled her to improve the house to be bigger and more good-looking to live in and bought two motorcycles for family use. Miss. Koeum Oun thanked LOLC Cambodia for providing loan as a capital to expand her business, which has helped her family livelihood better.
Miss. Koeum Oun is food seller and pot casava farmer
Miss. Koeum Oun, using loans in the right target is not a burden but increases business potential. Miss. Koeum Oun is currently a food seller in the village located in Pak Sneng Thmey village, Pak Sneng commune, Angkor Thom district, Siem Reap province. In addition, she is also a pot casava farmer. She has expanded her food business to become stronger and more stable, which is now very much supported by the guests through her quality food and has increased her income very well. Of course, the strength of her business is an important involvement of the LOLC Cambodia’s loan that she applied for capital to expand the business after receiving recommendation from her relative who has been using LOLC Cambodia’s loan.
The business growth and high income enabled her to improve the house to be bigger and more good-looking to live in and bought two motorcycles for family use. Miss. Koeum Oun thanked LOLC Cambodia for providing loan as a capital to expand her business, which has helped her family livelihood better.
Mr. Eav Im Grocery Selling and farmers
Mr. Eav Im, 44 years old, and spouse, lives in Dey Lo village, Chey Udom commune, Lumphat district, Ratanakkiri province. They have been in the business of selling groceries for nine years. In addition to grocery selling, they are also cassava and cashew farmers. Mr. Eav Im and Ms. Pha Phok have two children; the first child is a motorcycle mechanic, and the other one is a secondary school student. Mr. Eav Im said, he knew LOLC through his neighbor and was quite interested at that
time. Later, when the LOLC Financial Sales Advisors came to promote his village, he asked for more detailed information and more understanding about the loan feature and decided to apply for the loans from the LOLC. As of now, he has applied for up to three consecutive loan cycles from LOLC, which all the requests were at the same purpose, expanding cultivation by purchasing additional land to grow cashews and cassava in addition to his existing business. After expanding the cultivation of cashew and cassava plantations to a larger extent, post-harvest yields increased significantly, and his crops continued to be sold to brokers who came to collect from the plantation field. By now, the living condition of his family is much better because his income from selling crops has doubled. Mr. Eav Im expressed his gratitude to LOLC for taking care of their clients, especially himself, that receiving consultant on how to strengthen and expand the business to sustainable grow.
Mr. Lieu Taily planting garlic chives and longan
Mr. Lieu Taily, a 63-year-old farmer in Svay Pum Trang village, Koh Anlong Chen commune, Takhmao City, Kandal province, said that before using loans from LOLC Cambodia, he also learned about the loan conditions of other financial institutions, to apply for a loan to expand his business, planting garlic chives and longan. However, after getting to know LOLC Cambodia through the introduction from the local authority, he noticed that the features of LOLC Cambodia Loan are much better,
especially the low-interest rate and the service provided by the staff was professional and fast. As a result, he decided to take a loan from LOLC Cambodia at that time. With the loan features that meet the needs of the business, making his family’s lives better through the increase of his income. Seeing opportunities to further expand his sources of income, Mr. Lieu Taily applied for an additional loan, allocating some of the money to develop his farmland and the rest for house renovation. As of 2023, he has a total of three loan cycles with LOLC Cambodia, while the third loan is used to buy more lands and expand the plantation. Mr. Lieu Taily said that he was very satisfied with the LOLC Cambodia loan because through this loan service his life has improved a lot, especially he can expand his farm land.
#666B, Street 271, Kbal Tumnub Muoy Village, Sangkat Boeng Tumpun 2, Khan Mean Chey, Phnom Penh, Cambodia.
