100%

funded

Total loan: $50

Shem

Flag of Nigeria
Kaduna, KD, Nigeria / Agriculture

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


A loan helped to purchase additional farmland.


Shem's story

Shem is a hardworking farmer who has the ambition to expand his land under cultivation and earn higher profits from farming. As a member of Babban Gona, Shem has access to high quality inputs and enhanced farming services which help to increase his yields.

Furthermore, through training programs, Shem now practices farming in a more sustainable manner. For example, the agronomy education Shem receives focuses on micro-dosing fertilizers to lessen environmental impact and increase yields. Shem 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, Shem needs a Harvest Advance loan to to purchase additional farmland in other to expand his farming operations. This Harvest Advance loan will provide Shem with cash equivalent to the value of his maize at harvest. Babban Gona will then help Shem to store his maize and sell it at a higher price over the next 6 to 9 months, guaranteeing higher returns. This is crucial for Shem as he plans on using the increased income to purchase additional farmland for a bigger harvest next season.