Extending mutual microinsurance to 5 million uninsured households in five countries over five years.

Insurance is already making a difference to smallholder dairy farmers (Kenya)

For Kenyan smallholder dairy farmers, the loss of a single cow can devastate the household economy. 

Insurance for low-income markets, or microinsurance, provides a means for smallholder farmers to protect themselves from this financial loss.

Peter Kiruthi, a livestock farmer from Kiambu County (Kenya) explains the importance of his insurance policy with local cooperative insurer CIC Insurance Group (CIC) after he was recently compensated for the death of his cow: "It is insurance that makes me continue as a farmer".

Through the ICMIF 5-5-5 Mutual Microinsurance Strategy, CIC are aiming to reach 250,000 previously uninsured smallholder farmers with dairy livestock microinsurance over five years. The project, launched in 2018, is supported by project partners P&V Group (Belgium), Thrivent (USA) and We Effect (Sweden).

This video, produced by We Effect, shows how CIC are already making a difference to low-income farmers in Kenya.

With thanks to We Effect.