Case study

Promoting access to insurance for people with disabilities and small and micro entrepreneurs – The case of El Salvador

Most farmers and micro entrepreneurs in El Salvador are exposed to different economic and weather-related shocks threating their livelihoods and food security. Still, they lack access to adecuate and affordable insurance products to protect their productive activities. WFP El Salvador is collaborating with local partners to bridge these gaps by piloting an innovative insurance solution that protects over 950 farmers and micro entrepreneurs (46% women) against business interruption ocurring due to excess rainfall, drought and earthquake.

Topic / Theme:

Agriculture, Capacity Building, Climate & Disaster Risk Management, Climate Change & Climate Policy (NAPs, NDCs), Private Sector, Risk Finance

Solutions / Instruments:

Microinsurance Businesses, Microinsurance Households

Region:

Latin America & Caribbean

Year:

2021

Organization:

World Food Programme