100%

funded

Total loan: $400

Aliyu

Flag of Nigeria
Kaduna, KD, Nigeria / Agriculture

Aliyu's loan finished fundraising,
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A loan helped to provide him with a Harvest Advance Loan, so that when he sells with higher returns in the future, he can complete a modest building for his family.


Aliyu's story

Aliyu is a maize farmer from the rural area of Kaduna, a state located in northern Nigeria, and he is looking forward to earning higher profits from farming.

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

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