Funded

Total loan: $3,075
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Amriet

Suriname
Nickerie, Suriname / Farming

A loan of $3,075 helped to finance the operating costs of his rice production, such as diesel, seeds and fertilizer.


Amriet's story

Amriet is 47 years old and lives with his wife. Besides doing rice cultivation, he breeds sheep and goats. He was formerly financing his input with his paddy buyer who was charging high interest rates and offered low prices. In 2012 he had his first loan from Seva MFI and repaid that fully. Amriet can now save more. He is looking to increase production and save enough to renovate his house. He is asking Seva MFI to finance the operating costs of his rice cultivation and for that he needs a loan of SRD 10,000.



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: October 22, 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 22, 2013
Facilitated by Field Partner: Stichting SEVA Microfinance Institute