100%

funded

Total loan: $375

Nuhu

Kaduna, KD, Nigeria / Housing

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A loan helped to build a better house for the family.


Nuhu's story

Nuhu is a maize farmer from the rural area of Kaduna, a state located in northern Nigeria. He looks forward to earning higher profits from farming.

As a member of Babban Gona, Nuhu has access to high quality inputs and enhanced farming services which help to increase his yields. Furthermore, through training programs, Nuhu now practices farming in a more sustainable manner. For example, the fertilizer education Nuhu receives focuses on micro-dosing fertilizers to lessen environmental impact and increase yields. Nuhu expects to reap 35 bags per hectare from this year's harvest, which is double the national Nigerian average of 18 bags per hectare. However, Nuhu needs a Harvest Advance loan to avoid losing margins by selling his maize at harvest, when prices are low due to the high supply of maize.

The Harvest Advance loan will provide Nuhu with cash equivalent to his value of maize at harvest. Babban Gona will then help Nuhu to store his maize and sell it at a higher price in the future, guaranteeing higher returns. This is crucial to Nuhu as he plans on using the increased income to build a better house for the family.