Funded

Total loan: $3,050
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Rajindra

Suriname
Nickerie, Suriname / Farming

A loan of $3,050 helped to purchase fertilizers and pesticides.


Rajindra's story

Rajindra is 50 years old and has a family that includes three children. Besides cultivating rice, he raises cows and sheep for resale. He started in 2008 with the support of Seva MFI to cultivate rice on 7 hectares of land. Because he lacks investment capital, he used to lease his land out to third parties. Meanwhile, with the support of Seva MFI, he was able to expand his cultivated land to 12 hectares. With the profits from the last years, he bought a second-hand tractor, built his house and married off one of his children. He is asking for a new loan of SRD 10.000 to purchase fertilizers and pesticides.



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: October 3, 2013
Facilitated by Field Partner: Stichting SEVA Microfinance Institute

Lenders and lending teams




Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: October 3, 2013
Facilitated by Field Partner: Stichting SEVA Microfinance Institute