Innovative partnership scheme unlocks US$520,800 credit, boosting hundreds of Kenyan farmers’ resilience

During a financial product launch, a pre-approved credit line of US$ 520,800, an innovative financing solution, was accessed by 334 farmers in one Kenyan county to procure drought-resistant seeds, manage rainwater runoff, and improve soil health. The bundled product integrates bank risk capital, ins...

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Detalles Bibliográficos
Autores principales: Wamicwe, Peter, Derenoncourt, Marie Ena, Newman, Richard
Formato: Case Study
Lenguaje:Inglés
Publicado: 2025
Materias:
Acceso en línea:https://hdl.handle.net/10568/174497
Descripción
Sumario:During a financial product launch, a pre-approved credit line of US$ 520,800, an innovative financing solution, was accessed by 334 farmers in one Kenyan county to procure drought-resistant seeds, manage rainwater runoff, and improve soil health. The bundled product integrates bank risk capital, insurance, and climate-smart advisory services. Enabled by CGIAR innovations, 569 farmers were trained, with 334 receiving funding approval. Partners Acre Africa and Shalem Investments will scale to 1,000 farmers by 2026, with a potential reach of 42,500.