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Audu I.
Audu is a Babban Gona farmer from Gidan Shawai. Audu expressed that he is driven by one goal; to “make more money for myself and my family.” It is the desire to fulfil this ambition that led Audu to join Babban Gona. Now, as a Babban Gona member, he finally has the opportunity to access credit, good markets and a trained agronomist. Like all Babban Gona members, Audu can earn up to $2000/ha this season from growing maize, more than three times the Nigerian farmer’s average annual income. The average Babban Gona farmer yields 30 bags of maize/hectare, double the national average of 14. However, Audu is ambitious and is aiming to reap 35 bags per hectare this season. By doing so, Audu will finally have enough money to make significant life changes. When asked what he plans to do with his income from this season, he said: “I plan to use the money I make to expand my farmland”. With this loan, Audu will be able to access all the inputs and services to make this dream a reality.

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
  • $5,880,375
    Funds lent in using Kiva
  • 162.3
    Nigeria Nairas (NGN) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $150 helped Audu I. to purchase high-quality inputs in order to double maize yield and income.
0% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 22, 2014
Listed
Aug 21, 2014
Currency Exchange Loss:
Possible