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Widjai
Widjai is 28 years old and lives with his parents. He previously worked for his family business.

In 2012, Widjai became eligible for his 1st microcredit and independently started rice cultivation. Since 2012, he repaid this loan fully. Widjai still has a long way to go for he wants to expand his cultivated area and build his own house. He eventually wants to start a family. Widjai therefore requires a loan of SRD 8,000.

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 $2,450 helped Widjai to purchase fertilizers and pesticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 4, 2013
Listed
Oct 15, 2013
Currency Exchange Loss:
Possible
Ended:
May 24, 2014