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Ibrahim
Ibrahim, 30, is a hardworking maize farmer in Pampaida Makaranta village in Kaduna State. This season, Ibrahim has set a personal goal to achieve 5Mt/Ha, which is approximately 3.5 times higher than the national average yield. As a Babban Gona member, this is possible; like every Babban Gona member Ibrahim has the opportunity to achieve at least three times the yield and earn three times as much as an average farmer. A Babban Gona loan will help Ibrahim access high quality inputs such as seeds, fertilizers and technologies to remove the toxins from his maize. Ibrahim hopes to continue to grow his farming business through Babban Gona and eventually earn
enough to fully mechanize some of his farming operations. By doing so, he will be able effectively cultivate his land without relying on labor from his children, giving them more time for their studies.

Additional Information

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.

About Nigeria

  • $6,100
    Average annual income
  • 2
    View loans »
    Nigeria Loans Fundraising
  • $5,954,175
    Funds lent in using Kiva
  • 157.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Ibrahim to buy fertilizers, seeds, and agricultural technologies to increase maize yields.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
May 1, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 21, 2014