Farmers across have for years struggled to access finances from financial institutions with banks and Micro Financial institutions refusing to give loans to farmers because there are uncertain seasons. This greatly affected the agricultural production in the country since farmers had no alternative sources of funding. “This was a reaction one; to be part of the rest of the world to help the Ugandans, two; the changes in the weather patterns, changes advancements in agriculture, changes in financing, without insurance financing is not possible.”

Ugandan farmers have over the years experienced bad seasons characterized by drought with the latest being attacks of fall armyworms which have affected crop production and food prices. The government has now started rolling out agricultural insurance with Luweero farmers being among the beneficiaries. Small and Large Scale farmers will be able to get about 15% and 30% Subside for the large-scale farmer. “What if you have 20 animals and lightning strikes all of it, you have collapsed, without insurance, you will never recover. So all those are calculations embedded in what percentage is involved.” Under this key, farmers contribute a small premium of about 2% of their output and the insurer insures to step in when the harvest is bad.

Now that farmers have insurance the district will focus on increasing agricultural production. “We have trained around 100 farmers and our extension workers, veterinary officers and virtual officers inclusive so that means that we are going back to train other people.” “It has been going on well, we are getting new partnerships in place that enable new farmers to be able to access insurance but also in some cases access lending from the banks.” The scheme is expected to bring about the major transformation in the lives of farmers.