Rose Goslinga: Crop insurance, an idea worth seeding

Rose Goslinga: Crop insurance, an idea worth seeding

Assessment

Interactive Video

Business, Other

11th Grade - University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the historical context of the goro goro, a measure used in Kenya, and the severe droughts that affected the region. The speaker shares their journey from a missionary family to working in insurance, focusing on microinsurance for farmers in Africa. They explain the challenges of traditional insurance and how technology, like satellite data, helps assess drought risks. Despite initial struggles in selling insurance, innovative solutions like combining credit and insurance have led to success stories, enabling farmers to secure their harvests and take control of their futures.

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10 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the goro goro used for in Kenyan agriculture?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker's background influence their work in insurance?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker define microinsurance?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the role of technology in the insurance model discussed in the text.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the satellite data mentioned in the text?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the speaker's modest target for insurance sign-ups after the first season?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did the speaker face when trying to sell insurance to farmers?

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OFF

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