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Mr. Rawin is 30-years-old and lives with his parents. He is recently married. Rawin works together with his father in their fields. In 2009, he has taken a loan from Seva MFI and bought a truck to work on his own and for other farmers. He repaid this loan on time and now he wants to do rice cultivation on his own and needs a new loan of SRD 12,000 to purchase fertilizer and pesticides. In the future he wants to build a house.

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
  • $704,100
    Funds lent in using Kiva
  • 3.3
    Suriname Dollars (SRD) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,675 helped Rawin to purchase fertilizers and pesticides for his rice cultivation.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Oct 14, 2013
Oct 25, 2013
Currency Exchange Loss:
May 24, 2014