100%

funded

Total loan: $375

Muktar

Flag of Nigeria
Kaduna, KD, Nigeria / Agriculture

Muktar's loan finished fundraising,
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A loan helped to purchase additional farmland.


Muktar's story

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

Muktar 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, he needs a Harvest Advance loan to to purchase additional farmland in other to expand his farming operations. This Harvest Advance loan will provide Muktar with cash equivalent to his value of maize at harvest. Babban Gona will then help him to store his maize and sell it at a higher price over the next 6 to 9 months, guaranteeing higher returns.