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Barnabas
Barnabas is a 55-year-old farmer from Kwankwani. As a Babban Gona member, Barnabas, is excited about the opportunity to finally have access to credit, good markets and a trained agronomist. Like all Babban Gona members, Barnabas can earn up to $2000/hectare this season from growing maize, more than three times the Nigerian farmer’s average annual income.

The average Babban Gona farmer yields 30 bags/hectare; double the national average of 14. However, Barnabas is ambitious and is hoping that as a result of this loan, he will be able to access quality inputs such as fertilizer and improved seeds that will result in a yield of at least 60 bags of maize per hectare this season. Barnabas is hopeful about what the future holds - he hopes that with the increased income as a result of a high yield, he will finally be able to afford to educate his children; Ezekiel and Mathew. Barnabas' dreams do not end here: “ultimately, I want to ensure my children are educated and have professional jobs,” he expressed.

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
  • 47
    View loans »
    Nigeria Loans Fundraising
  • $5,949,725
    Funds lent in using Kiva
  • 161.9
    Nigeria Nairas (NGN) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $125 helped Barnabas to purchase high-quality inputs in order to double maize yield and income.
0% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 23, 2014
Listed
Jul 26, 2014
Currency Exchange Loss:
Possible