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Ibrahim
Ibrahim, 48, is a maize farmer from Pampaida Makaranta village in Kaduna State. This will be Ibrahim’s second year as a Babban Gona member. Ibrahim is pleased with the opportunity that Babban Gona provides him to meet the needs of this family of 17. Last year, Ibrahim, with the help of a Babban Gona loan, was able to access high quality fertilizer, improved seeds and mechanization services, all of which improved his productivity and profits. This year, like all Babban Gona members, Ibrahim has the opportunity to increase his yield and profit to 3 times as much as the average farmer. Through a Babban Gona loan, Ibrahim will be able to access seeds, fertilizers and other critical inputs to improve the quality of his agricultural business and increase the quantity of maize that it yields. In addition, Ibrahim hopes to maintain the health of his children by using the Babban Gona loan to access technologies to treat the maize he grows and eliminate the toxins in it so that it is safe and healthy for his children to eat. In the future, he would like to expand his maize farming business to include livestock and irrigation farming.

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

  • $1,188
    Average annual income
  • 56
    View loans »
    Nigeria Loans Fundraising
  • $5,949,725
    Funds lent in using Kiva
  • 157.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 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:
Feb 25, 2014