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Update on Soekhdew

Soekhdew is feeling very blessed with the helped of Kiva lenders and he thanks them a lot.

He repaid his loan fully to all Kiva lenders; with the profits he could pay for the education of his children and he also could save for his future.

Soekhdew wants more help for his rice production so he can save more and send his children to high school.

He needs SRD 10,000 to purchase inputs like diesel, fertilizer, and pesticides.

Previous Loan Details

Soekhdew is 39 years old and has a family with three children. He works hard and does rice cultivation. To make ends meet for his family, he also works for other rice farmers as a field worker and occasionally even does fishing. With the support of Seva MFI, he bought his tractor and expanded... More from Soekhdew's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Suriname

  • $16,700
    Average annual income
  • 11
    View loans »
    Suriname Loans Fundraising
  • $704,625
    Funds lent in using Kiva
  • 3.3
    Suriname Dollars (SRD) = $1 USD
A loan of $3,075 helped Soekhdew to purchase diesel, fertilizer, and pesticides.
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
May 24, 2014
May 30, 2014
Currency Exchange Loss:
Jun 29, 2014
This photo was used before for a previous loan for Soekhdew. It was first posted on Kiva on Nov, 2013. Learn More