For the first time, Rahila will have access to quality inputs, such as fertilizer and seeds. Without this loan, she would be subjected to buying these products on the open market where the products are not only very expensive, but are often diluted with external products such as sand. With access to high quality inputs, Rahila can reap up to 30 bags/hectare, double the national average of 14, and earn up to $2,000/ha, more than three times the average Nigerian farmer’s annual income.
When asked how she plans to spend the income she will make this year as a Babban Gona member, Rahila said, “I plan to use the money to expand my farmland.” Rahila is not thinking about this year alone; she said that her long-term goal is to “become the most profitable farmer in my community.” With this loan, she is well on her way to achieving her goal.
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.
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This loan has been fully funded!