GIACIS – Geodata for Innovative Agricultural Credit Insurance Schemes

The purpose of the Public-Private Partnership is to expand financial service delivery to smallholder farmers in Ethiopia with a geodata-driven risk-mitigation (insurance) product that offers a basic safety net to protect them against weather related perils. In partnership with local financial institutions, the insurance product will be bundled with credit to purchase agricultural inputs. In combination with weather prediction services, the insured credit package will locally be made available through ICT infrastructure services (branchless banking). The project consortium will align to the rural finance strategy (RFS program) as managed by ATA. This allows for a systematic synergetic approach to provide financial inclusion, promote investment for agriculture, broker sustainable production methods and provide risk transfer tools. The followed system approach creates a suitable legal, institutional and organizational framework.