Blue Rhino was asked to compile a Knowledge Product (K-product) for KMP on the following issue: Stimulating rural production through index-based insurance (2013)
Traditional risk-mitigating activities such as diversification of crops and storing of produce are not sufficient to cushion farmers against risks. This product looks at how index-based micro-insurance can enhance security against risks for small farmers in African communities. However, demand for such products is quite low. Reasons for the lack of demand, as well as, solutions and recommendation for financial institutions and the government are included in the document.
The Rural Finance Knowledge Management Partnership (KPM) is a joint initiative of the International Fund for Agricultural Development (IFAD), the Alliance for Green revolution in Africa (AGRA), the Regional Universities Forum for Capacity Building in Agriculture (RUFORUM), and the African Rural and Agricultural Credit Association (AFRACA). It undertakes joint rural finance activities and provides implementation support to IFAD-funded projects in East and Southern Africa (ESA).