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.
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.
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This loan has been fully funded!