Funded

Total loan: $3,675
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Bharet

Suriname
Nickerie, Suriname / Agriculture

A loan of $3,675 helped to purchase fertilizers and pesticides.


Bharet's story

Bharet, 30 years old, has a family consisting of one child and his parents to care for. Rice cultivation is their only source of income.

In 2010, Bharet took over his father's rice business with the support of Seva MFI. In the past, Bharet’s production was financed by the rice millers who charge high interest rates and offer low prices for the product. By having Seva MFI loans from 2010 onwards, his revenues improved. Consequently Bharet has repaired his tractor and is now more optimistic about of the future of his family.

Bharet is requesting a new loan of SRD 12000 in order to grow more rice and increase his savings.



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: October 4, 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 4, 2013
Facilitated by Field Partner: Stichting SEVA Microfinance Institute