100%

funded

Total loan: $375

Ahamed

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Kaduna, KD, Nigeria / Housing

Ahamed's loan finished fundraising,
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A loan helped to build a better house for the family.


Ahamed's story

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

As a member of Babban Gona, Ahamed has access to high quality inputs and enhanced farming services which help to increase his yields. Furthermore, through training programs, Ahamed now practices farming in a more sustainable manner. For example, the fertilizer education Ahamed receives focuses on micro-dosing fertilizers to lessen environmental impact and increase yields. Ahamed expects to reap 35 bags/hectare, or double the national Nigerian average of 18 bags/hectare from this year's harvest. Ahamed, however, 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 Ahamed with cash equivalent to his value of maize at harvest. Babban Gona will then help Ahamed to store his maize and sell it at a higher price in the future, guaranteeing higher returns. This is crucial to Ahamed as he plans on using the increased income to build a better house for the family.