Document / Publication
Fundación Profin developed a comprehensive risk management solution for farmer populations in southern Bolivia. In this case a composite product with life, property and agricultural components was developed to be distributed through local financial institutions and cooperatives. Furthermore, the catalyzer role of Fundación Profin lead to broker partnership with governments and other technical assistance organizations. The Vida Agrícola project was implemented in three phases, each lasting one year. During the first year, PROFIN and its partner Nacional Vida/Latina Seguros designed the product, consolidated public-private partnerships with regional governments to confirm their participation in subsidizing part of the agricultural premium, selected distribution channels and partners, trained relevant stakeholders such as government institutions and distribution channels, and launched the promotional campaign.