Citi Microenterprise Development for Rural Farmers Initiative, Kano. Citibank, Citi Foundation, KNARDA and United Way Worldwide

Date: 2012 – 2013

Funder: Citibank

Location: Kano

Status: Successfully Completed

Impact:

– $125,000 grant to be utilized for empowering farmers in the next stage

– 153 farmers empowered

– 271 farmers trained

– 225 agricultural loans extended to beneficiariesat 6% per annum interest rate over 12 months

– 35% FemaleBeneficiaries

– Loan Repayment rate of 95%in the revolving loan fund, now totaling 5million

SDG Advanced:   GOAL 1: No Poverty, GOAL 2: Zero Hunger, GOAL 5: Gender Equality, GOAL 8: Decent Work and Economic Growth, GOAL 9: Industry, Innovation and Infrastructure.