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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

  • $16,700
    Average annual income
  • 0
    View loans »
    Suriname Loans Fundraising
  • $604,975
    Funds lent in using Kiva
  • 3.3
    Suriname Dollars (SRD) = $1 USD
Paying Back - Delinquent
A loan of $2,325 helped this borrower to buy two main tires and a weed cutter for his tractor.
23% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Sep 1, 2014
Listed
Aug 21, 2014
Currency Exchange Loss:
Possible