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Amriet
Amriet is 47 years old and lives with his wife. Besides doing rice cultivation, he breeds sheep and goats. He was formerly financing his input with his paddy buyer who was charging high interest rates and offered low prices. In 2012 he had his first loan from Seva MFI and repaid that fully. Amriet can now save more. He is looking to increase production and save enough to renovate his house. He is asking Seva MFI to finance the operating costs of his rice cultivation and for that he needs a loan of SRD 10,000.

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.

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About Suriname

  • $7,640
    Average annual income
  • 7
    View loans »
    Suriname Loans Fundraising
  • $571,075
    Funds lent in using Kiva
  • 3.3
    Suriname Dollars (SRD) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,075 helped Amriet to finance the operating costs of his rice production, such as diesel, seeds and fertilizer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 22, 2013
Listed
Oct 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014