Many of the poor borrow, more save, and most of them demand insurance products or related substitutes. However, most of these financial products, especially those catering towards the need for consumption stabilization are only offered by the informal market. Microfinance Institutions (MFIs)...

The desire to increase household income and insure against agricultural production risk has led rural households to increasingly diversify their income sources. Yet the potential roles of income diversification on poverty reduction particularly among the rural farmers have not been adequately...