Date
2020-03-26Metadata
Show full item record
Aufsatz
Effect of Village Savings and Loan Associations on adoption of index-based crop insurance under limited liabilities
Abstract
A household survey and focus group discussions were conducted to quantify the general determinants of an index-based crop insurance adoption under limited liabilities in Burundi, and specifically the effect of existing Village Savings and Loan Associations (VSLAs). The survey sample comprised of 40 crop insurance adopters, 40 non-adopters and 40 drop-outs in Bukirasazi and Makebuko communes of Gitega province.
The results indicated that saving money (by VSLAs) for upcoming premium payments and regularly VSLA meetings attendance increase insurance adoption with relative risk ratio (RRR)=0.21, p≤0.001) and (RRR=0.01, p≤0.01), respectively. In addition, VSLAs’ members with more knowledge in land management (RRR=0.07, p≤0.05), crop management (RRR=0.05, p≤0.001) and integrated farm planning (RRR=0.03, p<0.05) were more likely to adopt the crop insurance. Furthermore, smallholders being aware and less appreciative limited liability were more likely inclined to adopt crop insurance with RRR=0.12 (p≤0.01) and RRR=0.01 (p≤0.001), respectively.
Given the importance of VSLA in fostering crop insurance adoption, we recommend strengthening VSLAs in their operation, save for upcoming premium payments as jointly agreed and set in their constitution, and encourage smallholders to run their farms with integrated farm planning. Due to limited knowledge of smallholders about the mode of crop insurance operation, a more extensive capacity building coupled to a coaching by experts in this domain is more than a necessity.
The results indicated that saving money (by VSLAs) for upcoming premium payments and regularly VSLA meetings attendance increase insurance adoption with relative risk ratio (RRR)=0.21, p≤0.001) and (RRR=0.01, p≤0.01), respectively. In addition, VSLAs’ members with more knowledge in land management (RRR=0.07, p≤0.05), crop management (RRR=0.05, p≤0.001) and integrated farm planning (RRR=0.03, p<0.05) were more likely to adopt the crop insurance. Furthermore, smallholders being aware and less appreciative limited liability were more likely inclined to adopt crop insurance with RRR=0.12 (p≤0.01) and RRR=0.01 (p≤0.001), respectively.
Given the importance of VSLA in fostering crop insurance adoption, we recommend strengthening VSLAs in their operation, save for upcoming premium payments as jointly agreed and set in their constitution, and encourage smallholders to run their farms with integrated farm planning. Due to limited knowledge of smallholders about the mode of crop insurance operation, a more extensive capacity building coupled to a coaching by experts in this domain is more than a necessity.
Additional Information
Gedruckte Ausgabe im Verlag Kassel Univ. Press erschienen.Collections
Vol 121, No 1 (2020) (Journal of Agriculture and Rural Development in the Tropics and Subtropics (JARTS))Citation
@article{doi:10.17170/kobra-202002281031,
author={Ndagijimana, Marcien and Asseldonk, Marcel van and Kessler, Aad and Ndimubandi, Jean},
title={Effect of Village Savings and Loan Associations on adoption of index-based crop insurance under limited liabilities},
journal={Journal of Agriculture and Rural Development in the Tropics and Subtropics (JARTS)},
year={2020}
}
0500 Oax 0501 Text $btxt$2rdacontent 0502 Computermedien $bc$2rdacarrier 1100 2020$n2020 1500 1/eng 2050 ##0##http://hdl.handle.net/123456789/11495 3000 Ndagijimana, Marcien 3010 Asseldonk, Marcel van 3010 Kessler, Aad 3010 Ndimubandi, Jean 4000 Effect of Village Savings and Loan Associations on adoption of index-based crop insurance under limited liabilities / Ndagijimana, Marcien 4030 4060 Online-Ressource 4085 ##0##=u http://nbn-resolving.de/http://hdl.handle.net/123456789/11495=x R 4204 \$dAufsatz 4170 7136 ##0##http://hdl.handle.net/123456789/11495
<resource xsi:schemaLocation="http://datacite.org/schema/kernel-2.2 http://schema.datacite.org/meta/kernel-2.2/metadata.xsd"> 2020-04-01T11:59:47Z 2020-04-01T11:59:47Z 2020-03-26 doi:10.17170/kobra-202002281031 http://hdl.handle.net/123456789/11495 Gedruckte Ausgabe im Verlag Kassel Univ. Press erschienen. eng Namensnennung - Weitergabe unter gleichen Bedingungen 4.0 International http://creativecommons.org/licenses/by-sa/4.0/ Burundi community savings and credit associations index-based crop insurance integrated farm planning risk management 630 Effect of Village Savings and Loan Associations on adoption of index-based crop insurance under limited liabilities Aufsatz A household survey and focus group discussions were conducted to quantify the general determinants of an index-based crop insurance adoption under limited liabilities in Burundi, and specifically the effect of existing Village Savings and Loan Associations (VSLAs). The survey sample comprised of 40 crop insurance adopters, 40 non-adopters and 40 drop-outs in Bukirasazi and Makebuko communes of Gitega province. The results indicated that saving money (by VSLAs) for upcoming premium payments and regularly VSLA meetings attendance increase insurance adoption with relative risk ratio (RRR)=0.21, p≤0.001) and (RRR=0.01, p≤0.01), respectively. In addition, VSLAs’ members with more knowledge in land management (RRR=0.07, p≤0.05), crop management (RRR=0.05, p≤0.001) and integrated farm planning (RRR=0.03, p<0.05) were more likely to adopt the crop insurance. Furthermore, smallholders being aware and less appreciative limited liability were more likely inclined to adopt crop insurance with RRR=0.12 (p≤0.01) and RRR=0.01 (p≤0.001), respectively. Given the importance of VSLA in fostering crop insurance adoption, we recommend strengthening VSLAs in their operation, save for upcoming premium payments as jointly agreed and set in their constitution, and encourage smallholders to run their farms with integrated farm planning. Due to limited knowledge of smallholders about the mode of crop insurance operation, a more extensive capacity building coupled to a coaching by experts in this domain is more than a necessity. open access Ndagijimana, Marcien Asseldonk, Marcel van Kessler, Aad Ndimubandi, Jean publishedVersion ISSN 2363-6033 No. 1 Journal of Agriculture and Rural Development in the Tropics and Subtropics (JARTS) 23-33 Vol. 121 false </resource>
The following license files are associated with this item:
Except where otherwise noted, this item's license is described as Namensnennung - Weitergabe unter gleichen Bedingungen 4.0 International