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Sadiku
Sadiku is a maize farmer and member of Babban Gona. Sadiku joined Babban Gona primarily to create a better future for his children: Sadiku is excited that Babban Gona offers a lasting solution to ending the cycle of poverty. For the first time, Sadiku will have access to quality inputs such as fertilizer and seed. Without this loan, he would be subjected to buying these products in the open market where the products are not only very expensive, but are often diluted with external products like sand. With access to high quality inputs, Sadiku can reap up to 30 bags/hectare, double the national average of 14 and earn up to $2000/ha, more than three times the average Nigerian farmer’s annual income. When asked, Sadiku said “I plan to use the money I make this year to provide more food and clothing for my family. Sadiku is not thinking about just this year; he said, “in 5 years, I want to become the most profitable farmer in my community.”

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
  • 1
    View loans »
    Nigeria Loans Fundraising
  • $5,881,075
    Funds lent in using Kiva
  • 162.1
    Nigeria Nairas (NGN) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $50 helped Sadiku 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