Total loan: $375
Kaduna, KD, Nigeria / Education
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A loan helped pay children's school fees.
hamisu is a Babban Gona maize farmer living in rural northern Nigeria. Thanks to crop insurance and access to high quality inputs and services, hamisu and his four children do not have to worry about failed crops or poor harvests. he expects to reap up to 40 bags of maize per hectare, which is double the national Nigerian average of 18 bags of maize per hectare. However, most farmers are forced to sell their produce at extremely low prices during harvest, which coincides with tuition for the second half of the school year. This is because farmers urgently need cash after a long planting and harvesting season. To prevent this, Babban Gona will provide hamisu with a Harvest Advance Loan, a cash payment equal to the value of his maize at harvest, to help him pay for his children's school fees. hamisu plans to use the profit from this harvest to to Purchase additional farmland for a bigger harvest next season.