- What are the main constraints for farmers in making potentially profitable investments?
- How is rainfall insurance understood and received among farmers in Northern Ghana?
- Does a lack of capital prevent farmers from making potentially profitable investments?
- Are concerns about rainfall preventing farmers from making potentially profitable investments?
Presbyterian Agricultural Service
Government of Ghana, Ministry of Food and Agriculture
The TAKAYUA scheme is a rainfall insurance product with payouts triggered by drought (number of consecutive dry days) or excess rain (number of consecutive wet days) during the farming season.
To provide for a larger takeup during the pilot, no premium was charged during in 2009. A total of 249 policies were issued. In 2010, a premium of USD $0.65 will be charged.
- Administrative data
- Surveys: household surveys
502 in 2009, expanding to approximately 1000 in 2010