Philippe Guichandut, Secretary General of the Foundation, spoke at the European Microfinance Week 2023 ( EMW 2023).
On November 17, this session highlighted the success factors and challenges for the inclusion of agricultural insurance by MFIs supported by the Grameen Crédit Agricole Foundation. Examples from Cambodia and other countries highlighted the need to build capacity not only at the MFI level, but also among insurers.
Natural disasters induced by climate change and meteorological hazards disrupt the income-generating activities of MFIs and their customers, and disproportionately affect women. Not only do they find it harder to repay their loans, but they are also more vulnerable after a disaster. Given the impact of natural disasters, insurance is gradually being adopted as a tool not only to protect their members, but also MFIs against bad repayments caused by loss of production or assets. The session will highlight the success factors and challenges for the inclusion of agricultural insurance by MFIs supported by the Grameen Crédit Agricole Foundation. Examples from Cambodia and other countries will highlight the need to build the capacity not only of the MFI, but also of the insurers, including the flow of insurance information and education systems, in order to create value for both the supply and the insurer, as well as the demand. participants and beneficiaries responsibly.