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Dharmradj is 38 years old and has a family with two young children. He plants crops in his own land and has an old tractor. Rice cultivation is the only source of income for the family. In 2011, he received his first loan from Seva MFI. Since then, he has received five more loans and he has repaid those fully.

Dharmradj has been able to finish building his house and now he needs to save money for a new tractor. Dharmradj has requested a new loan of SRD 10,000 to expand production and have more savings, so that he can buy his tractor.

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
  • 8
    View loans »
    Suriname Loans Fundraising
  • $703,825
    Funds lent in using Kiva
  • 3.3
    Suriname Dollars (SRD) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,075 helped Dharmradj to purchase fertilizers and pesticides so he can expand production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Oct 14, 2013
Oct 22, 2013
Currency Exchange Loss:
May 24, 2014