Leatu has big plans for the future; with her Babban Gona profits and new found knowledge on the importance of seed selection, which she acquired through Babban Gona, she wants to open a seed store where she can sell high-quality seeds to other farmers in her village. She plans to run this business during the dry season to supplement her income. Leatu takes pride in her work as a farmer and being a member of Babban Gona has renewed her love for working on her land. Now she hopes to see her older children become members of Babban Gona and her younger children take advantage of the added income and health effects of toxin free maize to focus on their education before becoming involved in the family business.
More information about this loan
This loan is aimed at helping smallholder farmers. The farmers are divided into Trust Groups and deliver training and development services, inputs like seeds on credit and post-harvest marketing services. This Kiva loan will thus be used to provide borrowers with needed goods or services, as opposed to cash or financial credit. This system increases farmers’ yields up to 4 times the national average. In addition, Babban Gona markets its farmers’ produce to premium markets over the course of the year, ensuring that they receive the best price possible for their produce and have a steady flow of income year round. Kiva loans are used to help Babban Gona expand its services to more rural areas in Northern Nigeria. Babban Gona posts loans before the inputs are provided so there is a chance that farmers will change their input package after the loan is posted. As a result, the loan amount may slightly change after you fund the loan, and any difference will be repaid to you when the first loan repayment is made. By supporting this loan, you’re providing farmers with the opportunity to increase their yields.
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