Check out some available loans that are similar to this one!
Emmanuel
Emmanuel is a 21-year- old farmer from Maimai. As a Babban Gona member, Emmanuel, is excited about the opportunity to finally have access to credit, good markets and a trained agronomist. Like all Babban Gona members, Emmanuel can earn up to $2000/ha this season from growing maize, more than three times the average Nigerian farmer’s annual income. The average Babban Gona farmer yields 30 bags/hectare, double the National average of 14. However, Emmanuel is ambitious and is aiming to reap 70 bags per hectare this season. When asked, Emmanuel said “I plan to use the money I make to educate my children; Obadiya, Rejoice, and Kefas, and in 5 years, I want to ensure my children are educated and have professional jobs." With this loan, he is well on his way to achieving this dream.

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
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $5,856,425
    Funds lent in using Kiva
  • 161.8
    Nigeria Nairas (NGN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $200 helped Emmanuel to purchase high-quality inputs in order to double yield and income.
87% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 1, 2014
Listed
Jul 30, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015