100%

funded

Total loan: $375

Abdulhamid

Flag of Nigeria
Kaduna, KD, Nigeria / Housing

Abdulhamid'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.


Abdulhamid's story

Abdulhamid is a maize farmer from the rural area of Kaduna, a state located in northern Nigeria, who looks forward to earning higher profits from farming. As a member of Babban Gona, Abdulhamid has access to high-quality inputs and enhanced farming services which help to increase his yields.

Furthermore, through training programs, Abdulhamid now practices farming in a more sustainable manner. For example, the fertilizer education Abdulhamid receives focuses on micro-dosing fertilizers to lessen environmental impact and increase yields.

Abdulhamid expects to reap 35 bags/hectare, or double the national Nigerian average of 18 bags/hectare from this year's harvest. However, Abdulhamid 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 Abdulhamid with cash equivalent to the value of his maize at harvest. Babban Gona will then help Abdulhamid to store his maize and sell it at a higher price in the future, guaranteeing higher returns. This is crucial to Abdulhamid, as he plans on using the increased income to build a better house for his family.