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Result Stories: Burkina Faso

Content owner: 
Global Index Insurance Facility
Author: 
Pavis Devahasadin and Carole Sagbo
Language: 
English, French
Topics: 
Weather index
Karim Traore, President of Burkina Faso's National Union of Cotton Producers, speaks about the cotton farmer's experience with agricultural index-based insurance in a new GIIF Result Stories. “It would be difficult for me to provide exact data, however, I can tell you that index insurance strongly encourages farmers in their work, and we are finding that cotton production has increased in all of the areas where farmers have subscribed to it," says Mr. Traore. The Result Stories is part of a new bilingual series produced in 2017 to capture farmers' experiences with index insurance in Burkina...
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GIIF Country Profile: Burkina Faso

Content owner: 
Global Index Insurance Facility
Author: 
Pavis Devahasadin and Carole Sagbo
Language: 
English and French
A newly designed Global Index Insurance Facility's Country Profile for Burkina Faso is available for digital viewing. The document contains an overview of GIIF's project in Burkina Faso and partner, PlaNet Guarantee. A French version is also available.
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Advancing Financial Inclusion Through Access to Insurance: the Role of Postal Networks

Content owner: 
ILO Impact Insurance Facility
Author: 
Guilherme Suedekum
Language: 
English
Topics: 
General
With 1.5 billion people worldwide getting access to financial services through a post office, postal networks are powerful tools to advance financial inclusion. Posts have already proved to have comparative advantages in remote areas and with specific vulnerable groups – the poor, the less educated and those in the informal economy – compared with other financial services providers. This study by the Universal Postal Union (UPU) and the International Labour Organization (ILO) delves into the transformative potential of postal networks into well-suited providers of insurance. The report...
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Assessing Value from Index Insurance Products

Thu, 10/01/2015
Topics: 
Satellite data
Country: 
Burkina Faso
The Joint GIIF-GAN Knowledge Sharing Forum “Assessing value from index insurance products” was organized by the Global Index Insurance Facility of the World Bank Group, USAID and Impact Insurance Facility of ILO in the morning of 16 September in Pacifica Headquarters in Paris. The client value of the cotton insurance project in Burkina Faso, implemented by PlaNet Guarantee, was assessed using 2 methodologies based on a double trigger approach. The scheme works on the average yield approach of the Group of Cotton Producers (GCP) and the yield of the neighbouring GCP in order to avoid all...
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Crop Microinsurance for Maize Farmers in Burkina Faso: Access and Agriculture Performance in the Dandé Village

Content owner: 
Copyright © 2015 John Wiley & Sons, Ltd.
Author: 
Yaya Koloma
Language: 
English
Download full publication Crop insurance in the Sahel enables farmers to take a higherrisk by getting more fertilizers.Crop insurance in the Sahel stimulates the production of insured farmers compared with non-insured farmers. However, despite the apparent differences in fertilizers and production, the two groups get almost the same yield. Non-insured farmers seem to be more specialized in agriculture.
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Agri-Finance Takes Major Leaps In Burkina Faso

Content owner: 
GIIF - World Bank Group
Topics: 
Product design
Weather index
Hybrid
Product distribution
"Farming in Burkina can be very challenging. Uncertain weather conditions can have severely damaging impact on harvests and the ability of smallholder farmers to continue farming," says Sou Campaore, a 42-year old cotton farmer from Houndé, a farming village just outside Dedougou, a city in the western corridor of Burkina Faso. "Since the income from such an unpredictable harvest is not steady, we don’t get access to capital in order to implement more efficient farming practices and purchase better inputs. A bad season can also have a telling effect on the health and social position of...
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PlaNet Guarantee and GIIF to launch first regional management platform for index insurance

Topics: 
Data management
Public/Legal frameworks
Other frameworks
Weather index
Hybrid
Country: 
Burkina Faso
Mali
Senegal
PlaNet Guarantee, member of the PlaNet Finance Group, and the GIIF come together to launch the first regional management platform for index insurance. The objective is to cover 60 000 farmers in West Africa by 2015. While agriculture remains the main economic sector in West Africa (on average 30% of the GDP of countries in the region and 70% of the workforce), no risk management tool is offered to farmers to secure their income. In case of drought, floods, or due to other factors that could cause a significant drop in yields, farmers currently receive no form of protection. The traditional...
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PlaNet Guarantee - Burkina Faso

Market launch: 
2011
Topics: 
Weather index
Product distribution
Micro-level
Country: 
Burkina Faso
Region: 
Sub-Saharan Africa
PlaNet Guarantee activities in Burkina Faso started in 2010 and the first products were sold in 2011. MFIs and Banks were the main distribution partners. Such as a variety of distribution channels was the key to the project’s success.
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Legal and Regulatory Work for 14 countries in Francophone Africa - CIMA (Regional Insurance Industry Body)

Start date: 
2014
Topics: 
Data providers
Legal/Regulatory frameworks
Area yield
Livestock
Country: 
Benin
Burkina Faso
Cameroon
Central African Republic
Chad
Comoros
Côte d'Ivoire
Gabon
Guinea
Mali
Niger
Senegal
Togo
Region: 
Sub-Saharan Africa
In 2011, at the request of CIMA and FANAF, a regional study on microinsurance was conducted with the technical assistance and financial support from the World Bank. This report showed that a new regional framework was required for microinsurance and agricultural index-based insurance, which had been absent, in the CIMA zone. The member countries are Benin, Burkina Faso, Cameroon, Central African Republic, Comoros, Chad, Cote d’Ivoire, Gabon, Guinea, Equatorial Guinea, Mali, Niger, Senegal, and Togo.
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