This paper evaluates the effectiveness of easing credit constraints for rural producers in Mexico through loans provided by a national public development finance institution (DFI). In contrast to most of the existing literature, the study focuses on the effect of medium-sized loans over a two-...

This paper evaluates the effectiveness of easing credit constraints for rural producers in Mexico through loans provided by a national public development finance institution. In contrast to most of the existing literature, the study focuses on the effect of medium-sized loans over a two- to...

Smallholder farmers are increasingly exposed to weather extremes but lack access to affordable insurance products for catastrophic crop damage. This paper analyzes the feasibility of Picture-Based Insurance (PBI) as a low-cost tool to improve coverage. PBI verifies insurance claims using...

Purpose: Lack of access to credit is commonly held responsible for slow agricultural and rural development in low- and middle-income countries. This paper aims to investigate the contribution of demand- and supply-side factors, particularly the role of risk rationing, on credit application and...

Assurance climatique indicielle pour les pays en développement : examen des faits et propositions visant à augmenter le taux de souscriptionL'assurance climatique indicielle constitue une innovation institutionnelle majeure susceptible de révolutionner l'accès à l'assurance formelle de...

We investigate if financial inclusion leads to improved nutrition in rural Rwanda, using Rwandan Integrated Household Living Conditions surveys (2013/14 and 2016/17). Our empirical evidence shows a robust positive impact of financial inclusion efforts undertaken by formal financial institutions,...

We believe that group-lending institutions have incentives to include members outside the target-group of poor households. This implies a methodological problem that is rarely taken into account in empirical studies. We apply a general household survey, and find some evidence of non-poor...

Most of the literature attributes credit constraints in small-farm developing-country agriculture to the variability of returns to investment in this sector. But the literature does not fully explain lenders’ reluctance to finance investments in technologies that provide both higher average...