Bet365 lotto review According to the official website of the Empire Institute of Technology, recently reported，Erik Chavez, a researcher at the school's financial department,、Auxiliary professor of actuarial finance associate professor Enrico Biffis and other researchers using parameter insurance models，Designing a cost -effective innovative financial product for the small farmers of Tanzania。This result is expected to be a bank account、Small farmers who were previously excluded from the financial system obtained credit to provide great help。

Recent data shows of the World Bank，Financial products in some areas are very scarce，30%of the world's 30%of adults have not yet opened an account in a bank。This makes it difficult for the long -term goal of financial development，The risk of accidents and control is also difficult。Especially in the south of Sahara, Africa，Due to the low yield of cash cash cash、Lack of basic financial services、Credit and insurance markets are underdeveloped，The agricultural production loss caused by factors such as climate change is difficult to withstand climate change。This new financial product developed by British economists，bet365 live casino games It can help small farm groups in African countries reduce financial risks。

Traditional insurance is given claims for losses suffered by the insured，Parameter insurance is given claims when specific conditions are met。For example，A natural disaster parameter insurance product may be when the flood water level where the insured is located exceeds a certain height，Not the amount of losses caused by the flood to the insured person to give a claim when it reaches a certain value。This new financial product allows small farmers to use parameter insurance products as guarantee when borrowing，If the bad weather causes crops to apologize，Insurance companies will pay farmers' losses，Help them repay the loan。

bet365 best casino games 2015-2017，A total of 50,000 farmers tried this product，The bank issued a total of $ 13 million in loans，Local insurance company paid $ 5 million in claims。Where，Tanzania's private agricultural trust fund provides guarantee for some loans。A supervisor of the trust fund said，The premium of this product is lower than other products in the market，Therefore, there is market competitiveness。and，Because the premium is included in the loan，Farmers can repay the loan after the crop harvest，This product will not exceed farmers' economic tolerance。

Due to the support of credit，Farmers' income is almost doubled，The living standard is significantly improved，Children's Education、Bet365 lotto review Medical、Family food safety、Housing and other basic expenditures are guaranteed。In addition，Some farmers have also hired the labor force of neighboring villages for farming。It is estimated，This pilot has a positive impact on 400,000 people，Contributions to poverty alleviation for the rural population of Tanzania。After the pilot is successful，African Development Bank said it will support in Ghana、Uganda, Zimbabwe and other countries to promote this financial product，Let more people enjoy the benefits brought by the improvement of financial services。

　　（Liu Kebing/Compilation）