CropSure
- Tanzania
- Hybrid of for-profit and nonprofit
The specific problem that CropSure is solving is the lack of affordable and accessible agricultural insurance for smallholder farmers in Tanzania. Smallholder farmers, who make up 80% of Tanzania's agricultural workforce, face significant risks from climate change, crop failures, and other agricultural challenges, but have limited access to effective risk management tools.
In Tanzania, over 34 million people depend on agriculture for their livelihoods, but only 3% of farmers currently have any form of agricultural insurance. Smallholder farmers, who typically own less than 2 hectares of land, are the most vulnerable, as they often lack the financial resources and knowledge to cope with agricultural risks. This lack of insurance coverage leaves them highly susceptible to the impacts of adverse weather events, pests, and other agricultural shocks, which can push them further into poverty.
Globally, the problem of inadequate agricultural insurance is even more pronounced in sub-Saharan Africa. According to the World Bank, only30% of the world's farmers have access to agricultural insurance, with the lowest coverage rates in Sub-Saharan Africa. This leaves hundreds of millions of smallholder farmers without a safety net to protect their livelihoods and agricultural investments, hindering their ability to build resilience and achieve long-term food security.
By addressing this critical gap in Tanzania's agricultural ecosystem, CropSure's innovative insurance solutions can have a significant impact on the lives of smallholder farmers, contributing to poverty alleviation, sustainable development, and food security in the country and across Sub-Saharan Africa.
CropSure's solution is an innovative agritech platform that provides affordable and accessible agricultural insurance products and risk management services to smallholder farmers in Tanzania. The key components of the solution are:
Insurance Products: CropSure offers a range of tailored insurance products that protect smallholder farmers against various agricultural risks, including crop failures, extreme weather events, and livestock losses. These products are designed to be affordable and customized to the unique needs of each farmer.
Data-driven Assessments: CropSure leverages advanced data analytics, satellite imagery, and weather data to accurately assess and underwrite the risks faced by smallholder farmers. This data-driven approach allows the company to offer more precise and affordable insurance coverage.
Digital Platform: CropSure's user-friendly digital platform enables farmers to easily access, purchase, and manage their insurance policies. The platform also provides real-time updates on weather conditions, crop health, and other relevant information to help farmers make informed decisions.
Sustainable Farming Guidance: In addition to insurance, CropSure offers educational resources and training on sustainable farming practices, empowering farmers to adopt climate-smart agricultural techniques that enhance their resilience and productivity.
By integrating these key components, CropSure's solution provides smallholder farmers in Tanzania with a comprehensive risk management ecosystem that protects their livelihoods, promotes sustainable agriculture, and ultimately contributes to food security and economic stability in the region.
CropSure's solution primarily serves smallholder farmers in Tanzania, a vulnerable population that makes up over 5 million of the country's agricultural workforce.
These smallholder farmers, who typically own less than 2 hectares of land, are often the most marginalized and underserved in the agricultural ecosystem. They face a range of challenges, including limited access to risk management tools, lack of financial resources, and exposure to the impacts of climate change. As a result, they are highly susceptible to agricultural shocks that can threaten their livelihoods and push them deeper into poverty.
CropSure's innovative insurance and risk management solutions directly address the needs of these 5 million smallholder farmers in several ways:
1. Financial Protection: CropSure's affordable and tailored insurance products provide a crucial safety net for smallholder farmers, shielding them from the financial impacts of crop failures, livestock losses, and other agricultural risks.
2. Climate Resilience: By leveraging data-driven insights, CropSure helps farmers adopt climate-smart agricultural practices that enhance their resilience to the effects of climate change, such as droughts, floods, and pests.
3. Sustainable Livelihoods: The combination of insurance coverage and sustainable farming guidance empowers smallholder farmers to make long-term investments in their land, increase productivity, and secure their livelihoods.
4. Financial Inclusion: CropSure's digital platform and insurance products facilitate greater financial inclusion, enabling smallholder farmers to access risk management tools and build financial stability.
By addressing the unique challenges faced by the 5 million smallholder farmers in Tanzania, CropSure's solution has the potential to significantly improve their lives, contributing to poverty alleviation, food security, and sustainable development in the country.
CropSure's team is uniquely positioned to deliver this solution to the smallholder farmers of Tanzania, drawing from a combination of local expertise, technical knowledge, and a deep understanding of the communities they serve.
At the helm of the CropSure team is Faith Kuya, the CEO, who has over 15 years of experience working directly with smallholder farmers in Tanzania. Faith, a native of the Kilimanjaro region, has a strong background in agricultural extension services and has witnessed firsthand the challenges that smallholder farmers face in accessing risk management tools.
Alongside Faith, the CropSure team includes three other Tanzanian experts with diverse backgrounds:
1. Juma Selemani, the Chief Technology Officer, is a seasoned data scientist who has developed cutting-edge algorithms for risk assessment and insurance pricing, tailored to the unique needs of Tanzanian smallholder farmers.
2. Amina Mwakibete, the Head of Sustainable Agriculture, is an agronomist with extensive experience in training smallholder farmers on climate-smart farming techniques, ensuring that CropSure's solutions are aligned with the communities' priorities.
3. Salama Msechu, the Head of Partnerships, has deep ties within the Tanzanian agricultural ecosystem, enabling CropSure to collaborate with key stakeholders, such as local cooperatives, financial institutions, and policymakers, to ensure the seamless integration and widespread adoption of the company's solutions.
The design and implementation of CropSure's solution are guided by continuous engagement with the target communities. The team regularly conducts focus group discussions, workshops, and field visits to gather feedback from smallholder farmers, ensuring that the products and services offered are tailored to their specific needs and preferences.
This strong local representation, combined with a commitment to community-driven design, positions CropSure as the ideal partner to deliver transformative risk management solutions to the 5 million smallholder farmers in Tanzania.
- Foster financial and digital inclusion by supporting access to credit, digital identity tools, and insurance while securing privacy and personal data.
- 1. No Poverty
- 2. Zero Hunger
- 13. Climate Action
- Pilot
CropSure is currently at the Pilot stage, having successfully launched and tested its solution with a cohort of 190 smallholder farmers in the Shinyanga region of Tanzania.
Over the past 18 months, the CropSure team has worked closely with these 190 smallholder farmers to refine the design and implementation of their innovative insurance and risk management products. Through a combination of on-the-ground field visits, community workshops, and user feedback, the team has been able to iterate on the solution, ensuring that it is tailored to the specific needs and preferences of the target population.
During this pilot phase, CropSure has been able to demonstrate the effectiveness of its data-driven approach to risk assessment and insurance pricing. By leveraging satellite imagery, weather data, and advanced analytics, the team has been able to accurately underwrite the risks faced by the participating farmers, allowing them to offer affordable and personalized insurance products.
The pilot has also highlighted the positive impact that CropSure's solutions can have on the livelihoods of smallholder farmers. Through the provision of financial protection and sustainable farming guidance, the 190 participating farmers have reported increased crop yields, improved resilience to climate shocks, and greater peace of mind in managing their agricultural activities.
With the successful completion of this pilot phase, CropSure is now well-positioned to scale its solution and reach a larger population of smallholder farmers in Tanzania. The team has secured initial investment capital to support the expansion of their operations and is actively engaging with key stakeholders, such as local cooperatives and government agencies, to ensure the seamless integration and widespread adoption of their innovative agritech platform.
CropSure is applying to the Solve program to access a comprehensive suite of support that will help us overcome key barriers to scaling our innovative agricultural insurance solutions for smallholder farmers in Tanzania.
The primary barrier we face is the need for additional funding to expand our operations and reach a larger population of smallholder farmers. While we have successfully completed a pilot phase with 190 farmers, securing the necessary capital to scale our solution has been a significant challenge. The Solve program, with its various prize opportunities and access to a network of global partners and investors, would provide us with the financial resources and connections needed to accelerate our growth.
Beyond funding, we also seek to leverage Solve's extensive network and expertise to address other critical barriers, such as:
1. Technical Support: Accessing Solve's expertise in data analytics, artificial intelligence, and digital platforms would enable us to further enhance the sophistication and efficiency of our risk assessment and insurance solutions.
2. Regulatory Guidance: Navigating the complex legal and regulatory environment for agricultural insurance in Tanzania poses an ongoing challenge. Solve's connections to policymakers and industry experts could provide us with valuable guidance to ensure the compliance and scalability of our offerings.
3. Cultural Barriers: As a local Tanzanian team, we understand the importance of building trust and rapport within the smallholder farming communities we serve. Solve's experience in community engagement and human-centered design could help us refine our approach to better address cultural nuances and gain widespread acceptance.
By leveraging Solve's holistic support, CropSure aims to overcome these key barriers and scale our impactful agricultural insurance solutions to reach millions of smallholder farmers in Tanzania, ultimately contributing to improved food security, climate resilience, and economic prosperity.
- Financial (e.g. accounting practices, pitching to investors)
- Monitoring & Evaluation (e.g. collecting/using data, measuring impact)
- Technology (e.g. software or hardware, web development/design)
CropSure's solution is innovative in several key ways that set it apart from traditional agricultural insurance models in Tanzania and the broader Sub-Saharan African region:
1. Data-driven Risk Assessments: By leveraging advanced data analytics, satellite imagery, and weather data, CropSure is able to accurately underwrite the risks faced by smallholder farmers, enabling the company to offer more personalized and affordable insurance products. This data-driven approach represents a significant departure from the conventional, one-size-fits-all insurance models that have historically struggled to address the unique needs of smallholder farmers.
2. Integrated Risk Management Ecosystem: CropSure's solution goes beyond just providing insurance coverage; it also incorporates sustainable farming guidance and real-time advisory services. This holistic approach empowers smallholder farmers to not only manage their risks but also adopt climate-smart agricultural practices that enhance their long-term resilience and productivity.
3. Digital Platform and Financial Inclusion: The integration of a user-friendly digital platform allows CropSure to deliver its insurance products and risk management services in a highly accessible and scalable manner. By facilitating greater financial inclusion, this digital-first approach has the potential to reach and impact a far broader population of smallholder farmers than traditional, offline insurance models.
4. Collaborative Ecosystem Approach: CropSure's success is predicated on its ability to forge strategic partnerships with key stakeholders, such as local cooperatives, financial institutions, and policymakers. This collaborative ecosystem approach ensures that the solution is seamlessly integrated into the existing agricultural landscape, driving widespread adoption and lasting impact.
By pioneering these innovative practices, CropSure aims to catalyze a broader transformation in the agricultural insurance market, setting new standards for affordability, accessibility, and impact. This disruptive potential could inspire other players in the space to rethink their approaches, ultimately leading to a more inclusive and resilient agricultural ecosystem in Tanzania and across Sub-Saharan Africa.
CropSure's theory of change can be simply articulated as follows: By providing affordable and accessible agricultural insurance products, coupled with sustainable farming guidance, to smallholder farmers in Tanzania, we can increase their resilience to agricultural risks, improve their livelihoods, and ultimately contribute to greater food security and economic prosperity in the region.
The key components of this theory of change are:
Activities:
1. Develop data-driven, personalized insurance products tailored to the needs of smallholder farmers.
2. Offer comprehensive risk management services, including sustainable agriculture training and real-time advisory support.
3. Establish partnerships with local cooperatives, financial institutions, and government agencies to integrate the solution into the existing agricultural ecosystem.
Outputs:
1. Increased uptake of affordable agricultural insurance among smallholder farmers.
2. Improved knowledge and adoption of climate-smart farming practices among participating farmers.
3. Strengthened collaboration and alignment between key stakeholders in the agricultural value chain.
Outcomes:
1. Enhanced resilience of smallholder farmers to climate-related shocks and other agricultural risks.
2. Improved crop yields, livestock health, and overall productivity among insured farmers.
3. Increased household incomes and food security for smallholder farming communities.
4. Reduced vulnerability to poverty and enhanced long-term livelihood prospects for smallholder farmers.
This theory of change is supported by evidence from CropSure's successful pilot phase, where the 190 participating farmers reported increased crop yields, better management of agricultural risks, and greater overall confidence in the sustainability of their farming operations. Additionally, independent studies on the impact of agricultural insurance in Sub-Saharan Africa have demonstrated its positive effects on farmer resilience, productivity, and household welfare.
By scaling this proven model, CropSure is positioned to drive transformative change in the lives of millions of smallholder farmers in Tanzania and beyond.
CropSure's primary impact goals are:
1. Increase the resilience and long-term prosperity of 230,000 smallholder farmers in Tanzania by 2027.
2. Contribute to improved food security and nutrition for 1 million individuals in smallholder farming households by 2027.
3. Support the adoption of climate-smart agricultural practices among 100,000 smallholder farmers by 2027, enhancing their resilience to the effects of climate change.
To measure progress towards these goals, CropSure is using the following key performance indicators:
1. Number of smallholder farmers enrolled in CropSure's insurance and risk management services (target: 230,000 by 2027)
2. Percentage increase in average crop yields and livestock productivity among insured farmers (target: 30% increase by 2027)
3. Percentage of insured farmers reporting improved household food security and dietary diversity (target: 70% by 2027)
4. Number of smallholder farmers adopting climate-smart agricultural practices recommended by CropSure (target: 100,000 by 2027)
5. Percentage increase in household incomes and savings among insured smallholder farmers (target: 25% increase by 2027)
To track and report on these indicators, CropSure has established a robust monitoring and evaluation framework that combines quantitative data collection (e.g., farmer surveys, crop yield assessments, financial records) with qualitative insights (e.g., focus group discussions, case studies).
CropSure is collaborating with research institutions and development organizations to conduct independent impact evaluations, which will provide further evidence of the solution's effectiveness in improving the lives of smallholder farmers in Tanzania.
By regularly measuring and reporting on these key indicators, CropSure will be able to assess its progress, make data-driven decisions, and ultimately scale its impact to reach its ambitious goals for the smallholder farming communities it serves.
At the core of CropSure's innovative solution is a data-driven, AI-powered platform that enables the company to accurately assess and manage the risks faced by smallholder farmers in Tanzania.
The key technological components that power this solution include:
1. Satellite Imagery and Remote Sensing: CropSure leverages advanced satellite technology and machine learning algorithms to continuously monitor and analyze crop health, weather patterns, and other environmental factors that impact agricultural productivity. This data is used to develop highly personalized risk profiles for individual smallholder farmers.
2. Predictive Analytics: By combining satellite data with historical weather records, crop yield information, and socioeconomic indicators, CropSure's proprietary algorithms can accurately predict the likelihood and severity of agricultural risks, such as droughts, floods, and pests. This allows the company to price its insurance products more effectively and tailor them to the specific needs of each farmer.
3. Digital Insurance Platform: CropSure's user-friendly mobile app and web-based platform enable seamless enrollment, policy management, and claims processing for smallholder farmers. The platform also provides real-time advisory services and sustainable farming guidance, empowering farmers to make more informed decisions and enhance their resilience.
4. Automated Claim Settlements: Through the integration of IoT sensors and blockchain technology, CropSure can automate the claims verification and settlement process, ensuring quick payouts to farmers in the event of agricultural losses. This helps to build trust and increase the uptake of the company's insurance products.
By harnessing the power of these cutting-edge technologies, CropSure is able to deliver a comprehensive, data-driven solution that addresses the unique challenges faced by smallholder farmers in Tanzania, ultimately improving their livelihoods and contributing to the broader goals of food security and climate resilience.
- A new application of an existing technology
- Artificial Intelligence / Machine Learning
- Big Data
- GIS and Geospatial Technology
- Imaging and Sensor Technology
- Internet of Things
- Software and Mobile Applications
- Tanzania
CropSure's solution team is composed of the following:
5 full-time staff members:
1. Faith Kuya, CEO
2. Juma Selemani, Chief Technology Officer
3. Amina Mwakibete, Head of Sustainable Agriculture
4. Salama Msechu, Head of Partnerships
5. Neema Kilasi, Head of Product and Operations
4 part-time staff members:
1. Fatma Lugano, Data Scientist
2. Ally Mlay, Agronomist
3. Rashid Ally, Financial Analyst
4. Maria Mkude, Community Engagement Coordinator
The team also works with a network of contractors and external experts to support specific aspects of the solution's development and implementation as needed.
CropSure has been working on its innovative agricultural insurance and risk management solution for smallholder farmers in Tanzania for the past 16 months. During this time, the team has successfully completed a pilot phase with 190 farmers, gathering insights to refine the solution and demonstrate its positive impact. With the knowledge gained, CropSure is now poised to scale its comprehensive approach and reach a broader population of smallholder farmers in the country.
Diversity, equity, and inclusion are core values that are deeply embedded in CropSure's organizational culture and approach. We believe that building a diverse and inclusive team is essential not only for fostering innovation and creativity but also for ensuring that our solutions are truly responsive to the needs of the communities we serve.
To that end, our leadership team is intentionally structured to reflect the diversity of Tanzania's population. Our CEO, Faith Kuya, is a woman, and our executive team includes individuals from diverse ethnic and socioeconomic backgrounds. Additionally, our technical and operational teams are gender-balanced, with women occupying key roles in areas such as data science, product development, and community engagement.
Beyond the composition of our team, we have also implemented several policies and practices to minimize barriers to opportunity and create a welcoming, inclusive environment for all our employees. These include:
1. Inclusive hiring and promotion practices: We actively seek out and encourage applications from underrepresented groups, and our selection process is designed to mitigate unconscious biases.
2. Comprehensive training and development programs: We invest in the professional growth of our team members, providing access to ongoing training, mentorship, and opportunities for career advancement.
3. Flexible work arrangements: To accommodate the diverse needs and responsibilities of our team, we offer flexible work schedules, remote work options, and generous parental leave policies.
4. Collaborative, transparent decision-making: We foster a culture of open communication, where all team members are encouraged to voice their ideas and participate in the decision-making process.
By continuously strengthening our commitment to diversity, equity, and inclusion, CropSure aims to cultivate a work environment that empowers and inspires our team to deliver innovative solutions that truly transform the lives of smallholder farmers in Tanzania.
CropSure's business model is centered on providing affordable and accessible agricultural insurance and risk management services to smallholder farmers in Tanzania. Our key customers are the smallholder farmers themselves, as well as the broader agricultural ecosystem that supports them, such as cooperatives, financial institutions, and government agencies.
The core components of our business model are:
1. Insurance Products: We offer personalized insurance policies that protect smallholder farmers against a range of agricultural risks, such as drought, floods, and crop diseases. These products are priced based on detailed risk assessments using advanced data analytics and tailored to the specific needs of each farmer.
2. Risk Management Services: In addition to insurance coverage, we provide a comprehensive suite of risk management services, including sustainable agriculture training, real-time advisory support, and digital tools for better decision-making. These services help farmers improve their productivity and resilience.
3. Collaborative Partnerships: To ensure the seamless integration and scalability of our solution, we forge strategic partnerships with local cooperatives, financial institutions, and government agencies. These partnerships facilitate the distribution of our products and services, as well as the aggregation of farmer data and insights.
4. Diversified Revenue Streams: Our business model generates revenue through the sale of insurance policies, subscription fees for our digital platform and advisory services, and revenue-sharing arrangements with our ecosystem partners. This diversified approach helps us achieve financial sustainability and reinvest in the continued development and scaling of our solution.
By delivering value to smallholder farmers through affordable insurance, sustainable agriculture support, and collaborative partnerships, CropSure aims to transform the agricultural landscape in Tanzania, improve food security, and contribute to the long-term prosperity of rural communities.
- Individual consumers or stakeholders (B2C)
CropSure's plan for achieving financial sustainability is built on a diversified revenue model that leverages multiple streams of income:
1. Insurance Premium Revenue: The sale of personalized agricultural insurance policies to smallholder farmers is the core revenue driver for CropSure. During our successful pilot phase, we were able to generate over $7,000 in insurance premium revenue from the 190 participating farmers.
2. Subscription-based Digital Services: In addition to insurance products, CropSure offers a suite of digital tools and advisory services to farmers, cooperatives, and other ecosystem partners. These services, which include access to our data analytics platform, sustainable agriculture training, and real-time advisory support, are provided on a subscription-based model, generating recurring revenue.
3. Partnerships and Revenue Sharing: CropSure has established strategic partnerships with local cooperatives, financial institutions, and government agencies, which not only facilitate the distribution of our solution but also generate additional revenue through profit-sharing and revenue-sharing arrangements.
4. Grant Funding and Investments: While we aim to achieve long-term financial sustainability through our commercial revenue streams, we have also secured grant funding and investment capital to support the initial development and scaling of our solution. To date, CropSure has received $41,000 in grant funding from organizations such as the CGIAR.
This diversified revenue model, combined with the strong traction and impact demonstrated during our pilot phase, has allowed CropSure to maintain a healthy financial position and chart a clear path towards financial sustainability. As we continue to scale our operations and reach more smallholder farmers, we are confident in our ability to further grow our revenue streams and become self-sustaining in the long run.