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Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts

Monday, September 28, 2015

How To Use Insurance to Access Agricultural Financing


Poor funding is one of the biggest problems facing Nigeria's agric industry. Farmers simply can’t access enough credit to upgrade their subsistence level farming, buy farm machinery, and hire skilled labour.

Banks on the other hand are the moneybags with limitless sums of money lying idle in their vaults, looking at farmers with reproof and running after oil barons and telecom tycoons  to come over and have some. 



How then does insurance come into the equation?