Resilience+ (also Resilience-Plus) describes when rural families are more immediately able to withstand a shock and when that knowledge increases their investment in agricultural productivity. Generating Resilience+ could accelerate efforts to reduce poverty and spur agricultural growth.
This report summarizes the impacts of a 2014-2019 RCT spanning Mozambique and Tanzania in partnership with CIMMYT to test the impacts of bundling an innovative type of insurance with drought-tolerant maize to expand drought protection for small-scale farming families.
By adapting traditional financial products delivered by microfinance institutions, and making them more flexible to meet the needs of farmers and rural inhabitants, many of these challenges faced by index insurance can be overcome.
The fluctuating yields inherent to rain-fed agriculture may discourage investment in risky but profitable crops, even when farmers have ample access to agricultural loans.