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Bechan
Bechan is a young entrepreneur who is planting rice on eight hectares of land that he inherited from his parents. He has received loans from Seva MFI since 2009. He is a serious farmer and has been able to repay his loans on time. With the profits from the past years, he bought a second-hand tractor. He needs a loan of SRD 6,500 to purchase fertilizers and pesticides. His dream is to have a family and his own house. For this, he will plant on a larger piece of land so he can increase his income and save more money.

Additional Information

More information about this loan


This loan is part of Seva's effort to reach marginalized rice farmers who are excluded from Suriname's traditional banking system. This type of loan is designed to help agricultural entrepreneurs become self sustainable. This is especially important in Suriname, where microfinance is limited. These loans provide farmers with the opportunity to thrive in a country where rural and agricultural businesses are considered to be too risky for commercial loans.

About Seva Network Foundation

Stichting Seva Micro Finance Institute (Seva MFI) is an international organization that promotes entrepreneurship among poor and marginalized communities in developing countries. Seva MFI offers loans that enable farmers to purchase pesticides, fertilizer, farming tools and equipment to expand their farm plots and boost their incomes. In 2012, Seva MFI has disbursed over 650 loans to farmers in Suriname.

About Suriname

  • $7,640
    Average annual income
  • 0
    View loans »
    Suriname Loans Fundraising
  • $604,975
    Funds lent in using Kiva
  • 3.3
    Suriname Dollars (SRD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Bechan to purchase fertilizers and pesticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 3, 2013
Listed
Oct 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014