100%

funded

Total loan: $400

Ismail

Flag of Nigeria
Kaduna, KD, Nigeria / Housing

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


Ismail's story

Ismail 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, Ismail has access to high-quality inputs and enhanced farming services that help to increase his yields. Furthermore, through training programs, Ismail now practices farming in a more sustainable manner. For example, the fertilizer education Ismail receives focuses on micro-dosing fertilizers to lessen environmental impact and increase yields. Ismail expects to reap 35 bags per hectare, or double the national Nigerian average of 18 bags per hectare from this year's harvest.

Ismail 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 Ismail with a cash equivalent to his value of maize at harvest. Babban Gona will then help Ismail with storing his maize and selling it at a higher price in the future, thus guaranteeing higher returns. This is crucial to Ismail as he plans on using his increased income to build a better house for his family.