Project Name:
- Babban Gona
Project Sector:
- Agriculture
Project Sponsors:
- Babban Gona Farmer Services Nigeria Limited
Commencement Date / Closure Date / Completion Date
- October 23, 2018 (NSIA Investment Date)
Project Location (Region or State):
- Lagos (Head Office)
- Jigawa, Kano, Katsina, Kaduna, Plateau, Bauchi, Benue, Kebbi, Niger, Nasarawa, Abuja, Adamawa and Taraba (Operations)
Project Description:
- Babban Gona is a high impact, scalable agricultural franchise that seeks to sustainably improve the lives of smallholder farmers through the provision of i) credit, ii) inputs, training in good agricultural practices, iii) harvesting and storage services, and iv) marketing services
Benefits / Impact (Social, Economic & Others):
- Babban Gona has supported over 200,000 farmers across 13 states in northern Nigeria
- Over 600,000 individuals have been impacted in the local communities in which Babban Gona operates
- Babban Gona is one of Nigeria’s single largest maize producers
Project Cost / Size:
- N/A
Funding structure:
- Debt Investment
NSIA’s interest:
- US$5 million
Partners:
- Babban Gona, KfW