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Total loan: $400


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Kaduna, KD, Nigeria / Agriculture

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

A loan helped to earn optimum profits on his maize harvest and use the profits to complete a modest building for his family.

Kasumu's story

Kasumu 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, Kasumu has access to high-quality inputs and enhanced farming services, which help to increase his yields. Furthermore, through training programs, Kasumu now practices farming in a more sustainable manner. For example, the fertilizer education Kasumu receives focuses on micro-dosing fertilizers to lessen their environmental impact and increase yields.

Kasumu expects to reap 35 bags per hectare, or double the national Nigerian average of 18 bags per hectare from this year's harvest. He needs a harvest advance loan, however, 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 Kasumu with the cash equivalent to his value of maize at harvest.

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