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Parwish started with rice cultivation at an early age. He is now 29 years old and lives with his parents. In 2010 he expanded his rice areas with the support of Seva MFI, from 4 ha to 12 ha. Parwish has bought a 2nd hand tractor with last years profits. He is planning to start a family and will marry next year, for which he needs to save money. He applied for a loan of SRD 8000 which he will used to purchase inputs for rice cultivation.

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

  • $16,700
    Average annual income
  • 14
    View loans »
    Suriname Loans Fundraising
  • $660,375
    Funds lent in using Kiva
  • 3.3
    Suriname Dollars (SRD) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,450 helped Parwish to purchase fertilizers and pesticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Oct 4, 2013
Oct 15, 2013
Currency Exchange Loss:
May 24, 2014