Babban Gona
 | This article reads like a press release or a news article and may be largely based on routine coverage. (November 2021) |
 | |
| Company type | Social enterprise |
|---|---|
| Industry | Agriculture |
| Founded | 2012 |
| Founder | Kola Masha, Lola Masha |
| Headquarters | Nigeria |
| Website | www.babbangona.com |
Babban Gona, which means "Great Farm" in the Hausa language, is a social enterprise organization that provides support for smallholder farmers in Nigeria to become more profitable.[1][2][3][4][5][6]
Babban Gona is partly owned by the farmers it serves.[7][8]
History
[edit]Babban Gona was founded in 2012 by Kola Masha with the aim of promoting agriculture and reducing unemployment in Nigeria.[1][9] Kola temporarily relocated to a small village in the Northern part of Nigeria, which had been recently impacted by insurgent activities.[9]
At inception, Babban Gona started and provide support for 100 members in Kaduna State, Nigeria.[10] Babban Gona currently has its operations in 15 states namely; Abuja, Adamawa, Kaduna, Kano, Katsina, Bauchi, Plateau and Jigawa states.[11] The company has provided support for over 110,000 smallholder farmers since its inception.[12][13]
In April 2017, Babban Gona became the first Social Enterprise to win Skoll Foundation Awards.[14][15][16] In 2017, Babban Gona received a $2.5m investment from the Global Innovation Fund.[17]
Objective
[edit]To catalyse capital and fund the company’s expansion in order to tackle multiple constraints in smallholder farming with promising increases to farmer net incomes in an extremely poor region of Nigeria.[18]
How It Works
[edit]Babban Gona four key services to drive success for smallholder farmers:[6][19]
- Training and Education
- Financial Credit
- Agricultural Input
- Harvesting & Marketing Support
Babban Gona provides support for smallholder farmers through what the company calls "Trust Groups", grassroots level farmer cooperatives.[20] A group of 3-5 smallholder farmer members,[7][21] with a trust group leader assigned to each group, who is selected after passing agronomic knowledge test and oral leadership interview.[21] After a trust group is established, members of each trust group are trained on the following - agronomy, financial literacy, business skills and leadership through the BG Farm university platform.[22] Babban Gona members have a loan repayment rate estimated to be at about 98%.[21] Other trust group members are responsible for repaying if a trust group member defaults.[21]
References
[edit]- ^ a b Aisha Salaudeen. "This agricultural enterprise is helping Nigerian farmers expand their business". CNN.
- ^ "Agriculture: Farming revolution has yet to take off". November 27, 2012.
- ^ "Insight: Nigeria seeks farming revival to break oil curse". July 4, 2013 – via www.reuters.com.
- ^ "Innovators Creating Prosperity: Babban Gona". Christensen Institute. March 30, 2020.
- ^ "Scale Up Sourcebook" (PDF). Purdue University, African Development Bank Group. Retrieved 7 November 2021.
- ^ a b "Companies to Inspire Africa 2019" (PDF). London Stock Exchange Group. Retrieved 7 November 2021.
- ^ a b "Partnership Aims to Create 560,000 Work Opportunities for Young Entrepreneurs and Smallholder Farmers". Mastercard Foundation. May 1, 2020.
- ^ "Outgrower Programmes and Fortunes of Smallholder Farmers in Nigeria: Role of financial institutions". Premium Times. May 31, 2021.
- ^ a b Foote, Willy. "Meet The Nigerian Entrepreneur Depriving Boko Haram Of New Recruits". Forbes.
- ^ "AGRA, Babban Gona transforming smallholder farming". Vanguard News. January 14, 2016.
- ^ "NSIA Invests in Smallholder Framers through Babban Gona Franchise Model" (PDF). Nigeria Sovereign Investment Authority. Retrieved 7 November 2021.
- ^ "'Our commitment to reduce unemployment through agriculture is real'". April 18, 2021.
- ^ "Babban Gona to provide jobs for youths in agriculture". April 19, 2021.
- ^ "Skoll | Skoll Awardee Kola Masha of Babban Gona on His One Regret".
- ^ "Kola Masha's Babban Gona bags the Skoll Award for Social Entrepreneurship! | Hello Tractor".
- ^ "And a Skoll Award goes to...Babban Gona, for boosting incomes of Nigerian farmers". ImpactAlpha. March 31, 2017.
- ^ "Babban Gona". Global Innovation Fund. Retrieved 2023-10-20.
- ^ "Babban Gona".
- ^ "OUR MODEL".
- ^ "560,000 youths to secure jobs through Babban Gona MasterCard Foundation partnership". May 18, 2021.
- ^ a b c d Angara UA, Ahmed B, Ojeleye OA, Ismaila HA, Baba D (2020). "Assessment of Stakeholders' Compliance to Contract Terms under Babban Gona Rice Scheme in Kano State, Nigeria". Nigerian Journal of Agricultural Extension. 21 (4): 73–78. doi:10.13140/RG.2.2.26992.38403.
- ^ "Agriculture: Nigeria's job creation engine – Private Sector & Development".