100%

funded

Total loan: $375

Muhammad

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Kaduna, KD, Nigeria / Housing

Muhammad's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped To complete a modest building for his family.


Muhammad's story

Muhammad 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, Muhammad has access to high-quality inputs and enhanced farming services that help to increase his yields. Furthermore, through training programs, Muhammad now practices farming in a more sustainable manner.

For example, the fertilizer education Muhammad receives focuses on micro-dosing fertilizers to lessen environmental impact and increase yields. Muhammad expects to reap 35 bags/hectare, or double the national Nigerian average of 18 bags/hectare from this year's harvest.

Muhammad, however, 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 Muhammad with cash equivalent to his value of maize at harvest.

Babban Gona will then help Muhammad to store his maize and sell it at a higher price in the future, guaranteeing higher returns. This is crucial to Muhammad as he plans on using the increased income to build a better house for his family.