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Habila
Habila is a 30-year-old farmer from Galadima. As a Babban Gona member, Habila, is excited about the opportunity to finally have access to credit, good markets and a trained agronomist. Like all Babban Gona members, Habila 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, Habila is ambitious and is aiming to reap 35 bags per hectare this season, as this loan will give him access to inputs such as improved seed. When asked how he plans to spend the money he will make from selling his produce, Habila said “I plan to use the money I make to educate my children: Anoch and Edmond. Ultimately, 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

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

  • $6,100
    Average annual income
  • 3
    View loans »
    Nigeria Loans Fundraising
  • $5,955,525
    Funds lent in using Kiva
  • 162.1
    Nigeria Nairas (NGN) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $150 helped Habila to access high quality inputs such as fertilizer and seed in order to double income and yield.
0% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 3, 2014
Listed
Jul 31, 2014
Currency Exchange Loss:
Possible