IFMR Finance Foundation
IFMR Finance Foundation supported the Centre for Innovative Financial Design at IFMR, a non-profit institution that creates new financial products and services for low-income households. The Centre combines behavioural economics and poverty research with expertise in financial product development to design, test and scale up behaviourally informed financial products. Further, through IFMR’s partnership with Aajeevika […]
Read MoreEffective and Affordable Risk Management Solutions
Weather risk is the predominant source of income fluctuations in rural areas and weather-induced crop failures, primarily from rainfall deficit, lead to significant losses for farmers and the rural economy. Traditional agricultural insurance schemes to protect farmers from such risk had several drawbacks including complex methodologies to assess loss, a long claim settlement process, and […]
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