Business Analysis Consultancy Services for Insurance Scheme - Smallholder Farmers at World Vision Kenya

Scope of Work

• For this proposal VFI is seeking written proposals for a consultant to provide a business analysis on the following question: Which insurance scheme to implement to cover smallholder farmers
• A focus should be given to existing insurance products that fit for farmers in the context of climate change in the world, but also narrow down to current products available on the Kenyan and Tanzanian insurance market. The study should also take into consideration previous experiences and challenges faced while implementing this kind of product through VisionFund’s network. The analysis should also consider current products in place at VFI including the ARDIS scheme and how to improve it to extend its benefits to non-borrower clients.

The business analysis should provide:

• International general statement of agri-insurance products
• Market assessment focused on Kenya and Tanzania with current products available, regulatory framework
• Needs assessment from farmers in Kenya and Tanzania
• An analysis of current products in place at VF, including Ardis product
• A general recommendation on the options to choose by VFI regarding the implementation of agri insurance products and the improvement of Ardis product with example of premiums & process and conditions required to make the projects successful.
• Implications/possibility of offering the recommended product(s) to other microfinance institutions outside of our own network of MFIs and other organizations such as NGOs on a stand-alone basis
• A proposed step-by-step action plan on the recommended option