Total loan: $300
Kaduna, KD, Nigeria / Agriculture
Boyi's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to purchase improved farm inputs that will increase farm yield.
Boyi, who is 49 years of age and married with three children, lives in a rural town in Kaduna, Nigeria. Boyi lives in a small community where maize farming is the major occupation and means of livelihood. Due to the very low income earned from the farming business, it has become difficult for farmers like Boyi to support their families' needs. This is a major challenge common to smallholders regardless of the yield they achieve during harvest. By working with Babban Gona, this loan will enable Boyi to access better-yielding seeds, fertilizers, and other essential farm inputs that will boost his harvest. The loan will also help him earn up to 2.8 times more in net income (compared to the average Nigerian farmer) from selling his maize to premium buyers. Together, these improvements will ensure that Boyi can continue to provide for his family. At the end of the season, Boyi plans to use the profits he earns from his harvest to purchase additional farmland to expand his maize farming operations.