Kilimo Salama – Index-based Agriculture Insurance
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Date
2017
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Publisher
International Finance Corporation - IFC
Abstract
The objective of this case study is to describe the design and implementation of an index-based agricultural insurance product targeting rural farmers in Kenya. The Kilimo Salama (―Safe Agriculture‖ in Kiswahili) product has been successful in protecting farmers against risks from
drought or excessive rainfall, both of which can have disastrous effects on the harvest.
The following sections present weather-related risks affecting farmers, the steps taken to address
these problems by designing a new insurance product, the product development and
implementation process, and the impact of this new product thus far. Beyond the focus on
product design, this case also discusses lessons learned since the product‘s launch, how the
product is expected to evolve in future versions, and scalability.
The preparation of this case study was supported by funding from IFC. Rose Goslinga at the
Syngenta Foundation accompanied ideas42 and IFC on a site visit in Kenya, and her help was
instrumental in preparing this case study.
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Keywords
Bima, Kilimo, Kilimo Salama