Prospective IAALD member Ann Mureithi, Kenya
An article in The Economist informs about a new microinsurance scheme promises to help "safe farming".
Agents register a policy using a camera-phone and a text message confirming the policy is then sent to the farmer’s handset. If weather conditions deteriorate, a panel of experts determine if crops will no longer be viable and payouts are made directly to the handsets of farmers in the affected areas using a mobile-money service.
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Both companies are involved in the Millennium Villages Project, which is run by the Earth Institute at Columbia University, Millennium Promise and the United Nations Development Programme (UNDP). The chosen site for the project in Nigeria is Pampaida, in the Ikara Local Government Area of Kaduna State.
The Millennium Villages Project is a community-based initiative designed to help people in rural areas improve agricultural production, which is the foundation of the region’s economy. Additional benefits include improving access to health, education and infrastructure.
Related article: Ericsson, Zain team up to bolster UN project in Kenya
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