Projet de développement du marché de la micro-assurance au Bangladesh (angl.)

The Phase I of BMMDP aims at improving farmers’ well-being, specifically smallholders, through enhanced agricultural productivity and resilience to natural disasters.

Smallholder farmers in Bangladesh are extremely vulnerable to weather related risks, the intensity of which increases because of climate change issues. Due to their limited savings and access to social protection and agriculture insurance, smallholder farmers often face catastrophic losses including damage to a season’s crop or livestock diseases. The overall insurance sector in Bangladesh is underdeveloped and the agriculture and disaster insurance mechanism is non-existent. Without access to insurance, smallholders’ only available strategy for reducing exposure to weather risks is to limit their investment in high-value inputs and diversifying into off-farm activities. Low investment in inputs and services means they cannot lose much in the event of a disaster. It also means that productivity and returns on their investment remain low. These “low investment - low returns” risk reduction strategies condemn smallholders to remain in poverty or lead a life perpetually on the brink.

domar, Bangladesh
dinajpur, bangladesh
Durée du projet
2017 - 2022
Financé par
  • Direction du développement et de la coopération DDC

(represented by the Embassy of Switzerland in Bangladesh)

Le projet

BMMDP will focus on piloting and testing different insurance products and distribution channels to identify and develop appropriate weather index-based crop insurance products and risk mitigation methods for agriculture sector (initially, crop and livestock sub-sectors) in Bangladesh. By the end of phase 1, approximately 233,000 farmers will use crop insurance (and associated extension and financial literacy training) covering 7,578 acres (3067 hectares) of land across 10 districts, an estimated 200,000 livestock keepers (if extended up to 2024, 400,000) will have access to improved veterinary and animal husbandry services, and 63,000 farmers (if extended to 2024, 103,000) will use livestock insurance. In total, at least 296,000 smallholders (if extended up to 2024, 336,000) are expected to have increased their resilience and well-being due to the sustainable risk-reducing and insurance services.

  • With better access to crop and livestock insurance, smallholder farmers will have more income through increased productivity deriving from the higher quality crop inputs and livestock while their risks will be partially reduced by improved crop and livestock production practices and insurance risk transfer solutions.
  • For both male and female farmers, additional income and greater access to risk reduction (e.g. veterinarian services) and transfer mechanisms (i.e. insurance) will contribute to increased resilience against natural disasters and encourage greater investment in costlier high-quality crop inputs and livestock.


Expected Results until end of 2022:

  • 224,750 farmers increased their investment in agriculture and livestock and benefitted with increased resilience through increased income.
  • 336,000 farmers purchased crop and livestock insurance policies.
  • 39,488 farmers applied for climate-friendly improved farm management practices.
  • 403,000 new livestock under insurance.
  • 7578 acres of land area covered under crop insurance products.
  • 1,416,000 farmers reached through BMMDP project activities.