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Dew
Dew is 43 years old and married with two school-aged children. He is a carpenter by profession, but he also does rice cultivation on land that he inherited from his father. In 2009, he bought a second hand tractor with a loan from Seva MFI. He uses the tractor for additional income during off seasons and in periods when he doesn’t need the tractor on his own land. His dream is to give both of his children a proper education and a good future. He is asking for a new loan of SRD 11.000 to purchase pesticides and fertilizers.

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.

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About Suriname

  • $16,700
    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 $3,350 helped Dew to purchase pesticides and fertilizers.
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:
Apr 17, 2014