A loan of $400 helps to purchase additional farmland.


Basiru's story

Following Basiru's initial input loan request, he gained access to recommended pesticides and fertilizers and applied them on his field, aiming to optimize his yield. Furthermore, through training programs, Basiru now practices farming in a more sustainable manner. For example, the agronomy education Basiru receives focuses on micro-dosing fertilizers to lessen environmental impact and increase yields.

Basiru 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, Basiru needs a Harvest Advance loan to purchase additional farmland in order to expand his farming operations. This Harvest Advance loan will provide Basiru with the cash equivalent to his value of maize at harvest. Babban Gona will then help Basiru 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 Basiru, as he plans on using the increased income to purchase additional farmland for a bigger harvest next season.


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.