Presentation: Customized Mircrofinance Products and Potential for Risk Coping and Management

Significant progress has been made in microfinance to give access to financial services to the poor. Some of these services include transfers, savings, credit and insurance. In a first phase, rigid standardized microfinance services have been offered to secure repayments and induce good behavior. This was sought despite of lack of collateral and of formal contract enforcement and the many precarious habits or exposure poor people face everyday.

This presentation is based on the AMA Innovation Lab projects for the Microfinance Products for Weather Risk Management in Developing Countries. This workshop approaches the efforts and difficulties of pursuing index-based weather insurance as a sustainable market-based product.

This presentation took place in Paris, France on June 25, 2014.