100%

funded

Total loan: $400

Bala

Flag of Nigeria
Kano, KN, Nigeria / Agriculture

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


A loan helped to provide the cash equivalent of the value of his harvest and to store his harvest to sell at a better time.


Bala's story

Following Bala's initial loan request, he has been able to purchase improved inputs and he is delighted at the prospects this holds. As a hard-working farmer, he has the ambition to provide his family with better health care from his farming profits.

As a member of Babban Gona, Bala has access to 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 he receives focuses on micro-dosing fertilizers to lessen environmental impact and increase yields. He expects to reap 40 bags/hectare of maize from this year's harvest, more than double the national Nigerian average of 18 bags/hectare.

This Harvest Advance loan will provide him with the cash equivalent of the value of his maize at harvest. Babban Gona will then help Bala to store his maize and sell it at a higher price over the next six to nine months, guaranteeing higher returns. This is crucial for Bala as he plans on using the profit from this harvest to get better health care for his family.