Peru: Microinsurance paves the way for social protection in rural areas
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A large insurance firm and an association of water irrigation users have teamed up to become the first providers of micro-life insurance for millions of small farmers in Peru. The project, which has received support from the ILO’s Microinsurance Innovation Facility and the Bill & Melinda Gates Foundation, will allow a third of rural families in Peru to have access to social protection for the first time.