Total loan: $750
Kaduna, KD, Nigeria / Education
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A loan helped to pay his children's school fees.
Alhaji is a Babban Gona maize farmer living in a remote village in the northern Nigerian state of Kaduna. As part of his harvest services loan package, Alhaji will get crucial harvest support including renting a threshing machine, which will eliminate the common practice of using family labor. This will save his family 30 hours of manual labour per 100kg bag of maize, which will leave more time for studying and increase literacy rates. Alhaji hopes that his children will be educated. Through this loan, known as a harvest advance loan, Alhaji will receive a cash advance, equal to the price of maize at harvest, that allows him to meet the costs of pressing needs while Babban Gona stores his corn to sell in the future at a better price, for up to 40% higher than the market price. With his family's increased income, Alhaji will be able to pay his children's school fees for a higher quality education.