Weather insurance in Malawi

My wife is head of microfinance banking at Opportunity International Bank of Malawi. They have many amazing programs including biometric identification at ATMs, mobile banks that visit rural areas, plus good old fashioned microfinance that is having a big impact on Malawi. One of the more interesting things that they have been working on lately is integrating agricultural microfinance with weather insurance to reduce risk for the bank and protect the farmer from fluctuations in weather. Imagine if we could eliminate drought from the list of Africa's many challenges by simply insuring against it...

Here is an interview with some of Claudia's employees and clients talking about the new program:

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