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Mitre is 49 years old and has a family that includes two school-aged children. He does not own any rice acreage so he plants on 16 hectares of rented land. Rice cultivation is the only source of income for the family. Mitre owns a second hand tractor for cultivation. His wife and children are actively involved with the rice cultivation. In 2010, Mr. Mitre first became eligible for a loan from Seva MFI. He has been able to repay on time the loans he received. With the profits from recent seasons, he has expanded his house and did major maintenance on his tractor. The goals of the family are to make sure the children finish school and to save enough for their future. Mr. and Mrs. Mitre are asking for a loan of SRD 12,000 to purchase fertilizers and pesticides for his rice cultivation.

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.


About Suriname

  • $16,700
    Average annual income
  • 0
    View loans »
    Suriname Loans Fundraising
  • $760,700
    Funds lent in using Kiva
  • 3.3
    Suriname Dollars (SRD) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,675 helped Mitre to purchase fertilizers and pesticides for cultivating rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Oct 3, 2013
Oct 4, 2013
Currency Exchange Loss:
Nov 17, 2014