Tell us about your partnerships
Are you currently targeting other specific populations, locations, or markets for your innovation? If so, where and why?
We are also targeting urban populations, cooperatives and other populations involved in poultry projects, fisheries, etc. Because their livestock is now insured, these sections of the populations have been able to access loans from local financial institutions.
What type of operating environment and internal organizational factors make your innovation successful?
The operating environment should have the following;
-huge sections of unbanked rural populations
-prevalent livestock ownership by rural populations or other sections of the populations
-basic literacy (some form of social intermediation needed) to educate rural livestock owners on benefits of livestock insurance
-Funding for MFIs to be able to offer loans to meet the demand arising out of the livestock owners
-Absence or little presence of microfinance/microinsurance/medical insurance in targeted areas.
-Reliable Livestock markets
Please elaborate on any needs or offers you have mentioned above and/or suggest categories of support that aren't specified within the list