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Abubakar
Abubakar is a member of Babban Gona. By receiving a Babban Gona loan, Abubakar has the opportunity to reap yields three times as high as the national average and earn at least three times as much as the average Nigerian farmer. Last year, Abubakar benefited from a Babban Gona loan and this year he is eager to expand his business. This upcoming season, a Babban Gona loan will help Abubakar access the necessary inputs such as fertilizer and improved seeds to increase his productivity. He also wants to purchase agricultural technologies that can treat maize to remove the toxins. With an expanded business and more profitable output, Abubakar hopes to grow his farm throughout the Kaduna State into a commercial farming business. Abubakar hopes that through his Babban Gona earnings, he can better provide for his family. He is excited that his children now eat healthier maize and he would like to see his children grow up to become members of Babban Gona and valuable members of the community. In particular, he would love for his children to contribute to improving the water situation in their community.

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
  • 5
    View loans »
    Nigeria Loans Fundraising
  • $5,885,825
    Funds lent in using Kiva
  • 157.7
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Abubakar 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