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OKO Crop Insurance

OKO: France-founded, Mali/Uganda focus. Distributes weather-indexed crop insurance via mobile operators. Mobile money payouts triggered automatically by weather events.

Key Information
Organisation
OKO Finance
Status
Open
Type
Loan
Amount
USD 5 – 200
Size
Micro
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Description

OKO is a France-founded insurtech focused on Mali and Uganda that distributes weather-indexed crop insurance through partnerships with mobile network operators. The OKO product allows farmers to buy insurance from their mobile money wallets and receive automatic payouts when pre-defined weather events occur in their region. The mobile-operator distribution channel is critical because farmers already trust their mobile money provider in a way they may not trust unfamiliar insurance brands.

Focus Sectors

Crop Insurance, Smallholder Agriculture

Source: OKO Finance