Funded

Total loan: $3,050
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Bikram

Suriname
Nickerie, Suriname / Agriculture

A loan of $3,050 helped to purchase new tires for his tractor.


Bikram's story

Bikram is 30 years old and lives with his parents and four brothers. He tried to do different work, but could not earn enough to live on his own and settle down. Eventually he began with the cultivation of rice since he hails from a traditional rice growing family. Seva MFI was a relief for him, because he could not get a loan from traditional banks. Bikram began planting rice on 6 hectares of land and this has now been expanded to 14 hectares. He is requesting a loan of SRD 10,000 for the purchase of new tires for his tractor. Furthermore, Bikram is saving for his own house.



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: May 24, 2014
Facilitated by Field Partner: Stichting SEVA Microfinance Institute

Lenders and lending teams




Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: May 24, 2014
Facilitated by Field Partner: Stichting SEVA Microfinance Institute