Check out some available loans that are similar to this one!
Rawindra
Rawindra is 67 years old and despite his advanced age he is still active in rice cultivation. His youngest son recently left home and got married. Now he lives alone with his wife. Apart from rice he also grows vegetables and keeps ducks and chickens.

With the profit of his rice production Rawindra says he could improve his tractor. For the new season of rice cultivation he needs a loan of SRD 9,000 to purchase pesticides and fertilizers.

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.

Tags

About Suriname

  • $7,640
    Average annual income
  • 2
    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 $2,750 helped Rawindra to purchase pesticides and fertilizers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 6, 2013
Listed
Nov 9, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 25, 2014