Check out some available loans that are similar to this one!
Matta
Matta, 45, is a mother to a family of four living in Kwatau village. Matta needs a Babban Gona loan to access the high quality inputs such as improved seeds and fertilizer that will help increase her yields. Through these high quality inputs that Matta will receive on credit, she has the opportunity to achieve yields three times higher than those of the average Nigerian farmer. In addition, this loan will give Matta the capacity to store her grain and sell in premium markets, allowing her to earn up to three times more than the average Nigerian farmer. This year, Matta is determined to achieve record yields on her farm. Matta is consistently encouraging other farmers in her community, especially women, to become Babban Gona members. She is excited to see her children’s nutritional health continue to improve as a result of the toxin-free maize that she now grows as a Babban Gona member. Matta hopes that in the next five years, she will be able to improve her family’s life in every aspect including; health, nutrition, education and housing.

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 $925 helped Matta 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