Total loan: $375
Kaduna, KD, Nigeria / Education
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Hosea's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped buy books and uniforms for school going children.
Hosea is a hardworking farmer who has the ambition to expand his land under cultivation and earn higher profits from farming. As a member of Babban Gona, Hosea has access to high quality inputs and enhanced farming services which help to increase his yields. Furthermore, through training programs, Hosea now practices farming in a more sustainable manner. For example, the agronomy education Hosea receives focuses on micro-dosing fertilizers to lessen environmental impact and increase yields. Hosea expects to reap 40 bags/hectare of maize from this year's harvest, more than double the national Nigerian average of 18 bags/hectare. Nonetheless, Hosea needs a Harvest Advance loan to buy books and uniforms for school going children. This Harvest Advance loan will provide Hosea with cash equivalent to his value of maize at harvest. Babban Gona will then help Hosea to store his maize and sell it at a higher price over the next 6 to 9 months, guaranteeing higher returns. This is crucial for Hosea as he plans on using the profit from this harvest to Pay his children's school fees. The photo has been blurred to protect the borrower's privacy.