Check out some available loans that are similar to this one!
Basiru is a hardworking and dedicated farmer in Nakala village, Kaduna. He is excited about the opportunities Babban Gona provides him to increase his income and improve his standard of living. Like all Babban Gona members, he has the opportunity to double his income and yield this season; he can expect to earn $1,350/ha, twice the average Nigerian farmer’s yearly income. With this loan, he is on his way to achieving his dream of being economically prosperous. His most recent loan from Babban Gona provided him with enough fertilizer to optimize his yields and access to a product that eliminates a food toxin in his maize.

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
  • 212
    View loans »
    Nigeria Loans Fundraising
  • $6,543,750
    Funds lent in using Kiva
  • 160.1
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Basiru to access high quality inputs such as fertilizer and improved seed that will double his yield and income.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
At end of term
Jul 9, 2013
Aug 13, 2013
Currency Exchange Loss:
Feb 25, 2014