Insure a farmer against weather shocks and invest in agriculture. This project provides maize farmers with rainfall insurance and capital inputs for their farms.
Managing business and personal finances can be an immense challenge for rural farmers, whose financial fortunes are frequently determined by forces beyond their control, such as weather and crop prices. Providing capital injections and rainfall insurance can help stimulate more productive investment in agriculture. This intervention targets 470 maize farmers in northern Ghana.
Maize farmers will be provided with capital for their farms, including fertilizer, seeds, tools, and labor. Farmers will also receive rainfall insurance.
Protected from weather shocks and provided with capital, farmers make productive investments in their maize farms.
In focus groups, we met many farmers that do not sell their crops each year because they use the whole yield to feed their families. We hope this project will move these farmers beyond subsistence.
- Elana Safran, IPA Project Associate - Ghana
Total Funding Received to Date: $12,954
Remaining Goal to be Funded: $2,046
Total Funding Goal: $15,000
This project has provided additional documentation in a Microsoft Word file (projdoc.doc).
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