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Commitments to Save - Innovations for Poverty Action

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Raising farm output with rural finance<br />

• For <strong>to</strong>day: results from the 3 rd of a series of<br />

experiments in rural Malawi aimed at raising farm<br />

output via financial service provision<br />

• Insure farmers against adverse events<br />

– Provide insurance against poor rainfall<br />

• Facilitate credit <strong>for</strong> agricultural inputs<br />

– Improve repayment via biometric identification<br />

• Encourage farmers <strong>to</strong> save <strong>for</strong> their own input<br />

purchases<br />

– Facilitate access <strong>to</strong> ordinary and “commitment”<br />

savings accounts<br />

5

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