Unlocking Smallholder Credit : Does Credit-Linked Agricultural Insurance Work?

This paper reviews possibilities for, and experience with, credit-linked crop insurance, including different types of insurance and credit arrangements, ranging from insurance sold to individual farmers to meso insurance sold to financial service p...

Full description

Bibliographic Details
Main Authors: Meyer, Richard, Hazell, Peter, Varangis, Panos
Format: Working Paper
Language:English
Published: International Labour Organization and the International Finance Corporation 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/515371511848930976/Unlocking-smallholder-credit-does-credit-linked-agricultural-insurance-work
http://hdl.handle.net/10986/31437
Description
Summary:This paper reviews possibilities for, and experience with, credit-linked crop insurance, including different types of insurance and credit arrangements, ranging from insurance sold to individual farmers to meso insurance sold to financial service providers (FSPs) to cover losses suffered by farmer borrowers. The paper describes the main methods of linkage that are being tested or proposed, identifies the critical features of each method, and discusses the advantages and limitations for the three parties - farmers, FSPs, and insurers.