100%

funded

Total loan: $400

Shamsiya

Flag of Nigeria
Kaduna, KD, Nigeria / Agriculture

Shamsiya's loan finished fundraising,
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A loan helped to purchase additional farmland.


Shamsiya's story

Shamsiya is a hardworking farmer who has the ambition to expand her land under cultivation and earn higher profits from farming. As a member of Babban Gona, she has access to high-quality inputs and enhanced farming services which help to increase her yields. Furthermore, through training programs, she now practices farming in a more sustainable manner. For example, the agronomy education she receives focuses on micro-dosing fertilizers to lessen environmental impact and increase yields.

Shamsiya 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, Shamsiya needs a Harvest Advance loan to capture greater margins on her maize instead of selling the grain at harvest, when prices are low due to the high supply of maize.

This Harvest Advance loan will provide Shamsiya with cash equivalent to the value of her maize at harvest. Babban Gona will then help her store her maize and sell it at a higher price over the next 6 to 9 months, guaranteeing higher returns. This is crucial for Shamsiya as she plans on using the increased income to purchase additional farmland for a bigger harvest next season.