100%

funded

Total loan: $400

Abdulkarim

Flag of Nigeria
Kaduna, KD, Nigeria / Agriculture

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


A loan helped to save for his family's future.


Abdulkarim's story

Abdulkarim is a Babban Gona maize farmer living in rural northern Nigeria. Thanks to crop insurance and access to high-quality inputs and services, Abdulkarim and his family do not have to worry about failed crops or poor harvests. He expects to reap up to 40 bags of maize per hectare, which is double the national Nigerian average of 18 bags of maize per hectare.

However, most farmers are forced to sell their produce at extremely low prices during harvest, this is because farmers urgently need cash after a long planting and harvesting season. To prevent this, Babban Gona will provide him with a Harvest Advance Loan, a cash payment equal to the value of his maize at harvest, to help save for his family's future.

With his family's increased income, Abdulkarim will be able to save for the family's future thereby eliminating pressure to sell his maize for low prices at harvest and increasing farm margins in the long run.