Today, 17 October 2018, is the United Nations (UN) International Day for the Eradication of Poverty, and in recognition of this The I
What is the 5-5-5?
ICMIF’s 5-5-5 Mutual Microinsurance Strategy is a five year project based in five emerging market countries and aims to provide five million households with insurance cover for the first time to take them out of poverty. The ultimate objective is to build resilience in poor communities.
The 5 Countries
The countries identified to take part in the 5-5-5 Strategy are India, The Philippines, Kenya, Sri Lanka and Colombia. The country selection criteria being:
- Frontrunner in microinsurance
- High incidence of poverty
- Geographic reach
- ICMIF member presence
The 5-5-5 & the SDGs
One woman describes how she was able to gain access to the healthcare services she desperately needed, thanks to her microinsurance policy with the DHAN Foundation.