Investing in crops instead of shares provides insurance for farmers
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Nine out of ten smallholder farmers are unable to take out insurance on their crops, leaving them incredibly vulnerable to droughts and other weather conditions. If and when natural elements destroy their crop, they have no income to fall back on. Now, World Cover is a peer-to-peer lending platform that enables investors to put their wealth to a good cause and earn returns on an investment that isn't reliant on the financial system. World Cover is currently working in Ghana, attempting to provide insurance to 200,000 farmers. Investors start by choosing how much funding they want to put in. This…
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