Project profile — Improving Access to Agricultural Insurance in the Casamance Region in Senegal

Download project profile:

Overview

Overview

Improving Access to Agricultural Insurance in the Casamance Region in Senegal - Overview
CA-3-P007285001
$9,829,509
SOCODEVI - Canadian Cooperation Society for International Development (CA-CRA_ACR-3104918610)
2021-03-03 - 2026-03-31
Operational
Country / region • Senegal (100.00%)
Sector • Banking And Financial Services
Education/training in banking and financial services (24081) (30.00%)
• Agriculture
Agricultural financial services (31193) (54.00%)
• Agriculture
Agricultural co-operatives (31194) (16.00%)
Policy marker • Climate Change Adaptation (significant objective)
• Environmental sustainability (cross-cutting) (principal objective)
• Climate change mitigation (not targeted)
• Gender equality (significant objective)
• Trade development (not targeted)
• Youth Issues (not targeted)
• ICT as a tool for development (not targeted)
• Indigenous Issues (not targeted)
• Children's issues (not targeted)
• Desertification (not targeted)
• Biodiversity (not targeted)
• Urban issues (not targeted)
• Participatory development and good governance (not targeted)
• Disability (not targeted)
• Nutrition (not targeted)
• Disaster Risk Reduction(DRR) (not targeted)
Description and results

Description

The project seeks to support the economic empowerment and resilience of women farmers in Senegal’s Casamance region by improving their access to agricultural insurance as a way to mitigate the impact of climate change. The project focuses on the availability of financial products and services tailored to the needs of women farmers and enhances their ability to access and use them. Project activities include : (1) Providing training and support to women farmers so they can access and use financial products and services, including agricultural insurance; (2) building the capacity of grassroots cooperatives and regional financial institutions to tailor their range of products and services to the needs of women; (3) developing and implementing an innovative business model for distributing agricultural insurance to women and women’s groups; and (4) building the capacity of the Compagnie Nationale d’Assurance Agricole du Sénégal (CNAAS, Senegal’s national agricultural insurance company) and national financial institutions to develop and provide products and services tailored to the specific needs of women. The project is being delivered by SOCODEVI with the help of two local partners, the CNAAS and the Organisation de Formation et d’Appui au Développement (OFAD/Nafoore). The indirect beneficiaries are estimated at approximately 900,000 people making up the population of all the households to which the direct beneficiaries belong, who represent 7,000 women members of 150 agricultural groups (GFVA) in the rural regions of Casamance.

Expected results

The expected outcomes for this project include : (1) women farmers are more economically resilient; (2) grassroots cooperatives and groups are better at reducing barriers to women’s economic empowerment in the context of climate change; and (3) the Compagnie Nationale d’Assurance Agricole du Sénégal (CNAAS) and targeted national financial institutions are better at providing services tailored to the needs of women.

Financials

Financials


Original budget $2,500,000
Planned Disbursement $2,250,000
Transactions
Country Percentages by Sector
Related information

Related information

Improving Access to Agricultural Insurance in the Casamance Region in Senegal - Related information
Related links
Partner website — SOCODEVI - Canadian Cooperation Society for International Development
Global Affairs Canada
WGM Africa
Aid grant excluding debt reorganisation
Bilateral
Contributions to specific-purpose programmes and funds managed by implementing partners
Legend

The coloured circles represent the number of markers in proximity. Simply click on the circle to zoom in for more information on projects.

2 to 9 markers 10 to 99 markers 100 to 999 markers 1,000 to 9,999 markers
Marker


Note: The Project Browser provides access to project data published by Global Affairs Canada in accordance with the International Aid Transparency Initiative (IATI) standard. This is not meant for official reporting, but to provide information on past and current international projects.

Date modified: