Total loan: $400
Bauchi, BA, Nigeria / Agriculture
Flag of Nigeria
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A loan helped To complete a modest building for his family.
Salisu is a Babban Gona maize farmer living in rural northern Nigeria. Thanks to crop insurance and access to high-quality inputs and services, Salisu 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 because they 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 him save towards building a modest house for his family. With his family's increased income, Salisu 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.