A loan of $375 helps to get better healthcare for his family.


Abubakar's story

Following Abubakar's initial loan request, he is delighted at the prospect this year's harvest holds. As a hardworking farmer, Abubakar further has the ambition to provide his family with better healthcare from the profits of farming.

As a member of Babban Gona, Abubakar has access to enhanced farming services which help to increase his yields. Furthermore, through training programs, Abubakar now practices farming in a more sustainable manner. For example, the agronomy education Abubakar receives focuses on micro-dosing fertilizers to lessen environmental impact and increase yields. Abubakar expects to reap 40 bags/hectare of maize from this year's harvest, more than double the national Nigerian average of 18 bags/hectare.

Through this loan, known as a harvest advance loan, Abubakar will receive a cash advance, equal to the price of his maize, that allows him to get better healthcare for his family while Babban Gona stores his maize to sell in the future at a better price. Babban Gona will then help Abubakar to store his maize and sell it at a higher price over the next 6 to 9 months, guaranteeing higher returns.


This loan is special because:

It supports smallholder farmers and helps them increase yields.

David, Kiva staff

David
Kiva staff



Loan details


Lenders and lending teams





Repayment schedule

*This loan is impacted by the COVID-19 crisis and your support is needed more than ever. Repayments may be delayed or lower than expected.

Loan details



Repayment schedule

*This loan is impacted by the COVID-19 crisis and your support is needed more than ever. Repayments may be delayed or lower than expected.