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Sule
Sule, 47, has dreams of becoming one of the largest maize producers in the country, expanding his farm to cover his entire community. Sule is happy to be a member of Babban Gona as the loans he receives give him access to high quality inputs such as seeds and fertilizer which improve his productivity. In addition, the Babban Gona loan gives Sule access to storage services that give him the ability to serve his maize at a premium, thus increasing his profitability. This year, Sule plans to grow his Babban Gona maize crop business. He is excited by the training and education provided to farmers, as well as the Babban Gona loans that will help him expand his business and improve the quality of his maize. As the head of a household of 13, Sule also hopes to use the profits from his farm to educate his children with the wish that they will one day be Babban Gona members as well.

Additional Information

More information about this loan

Babban Gona Farmer Organization (Babban Gona) is a farmer services organization committed to lifting 5 million smallholder farmers out of poverty by 2030. It divides smallholder farmers into Trust Groups and delivers 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. 

About Nigeria

  • $1,188
    Average annual income
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $5,853,475
    Funds lent in using Kiva
  • 157.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Sule 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:
Jul 27, 2013