Horn of Africa DRIVE Project

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00:26 This is what the,

00:27 the,

00:27 the,

00:27 the drive project envisaged.

00:28 That is,

00:29 if there's quick payout,

00:30 then you encourage the next group of people to know that,

00:33 wow,

00:33 this thing works actually.

00:34 And the idea is that you're able to give them money to buy pasture,

00:37 to buy fodder,

00:39 so that the animals don't die.

00:52 A coursesibulati

00:54 Mayamatiki yale kosibulaunguiseongenkinamajeronacanamatamate namioritave

01:03 beka kamale and shinihenajera.

01:11 Wakatia kangazi punapatashidakumbasa

01:14 wakulimawafugaji account here toningwambe

01:18 amambuzi

01:19 wakati

01:20 Nwambewame Atirika nikama to me poteza account

01:24 nahatunamwele keo.

01:35 The project is designed as a package,

01:38 a provision for pastoralists in the country

01:42 to have this integrated package for financial

01:45 services including the road index insurance,

01:49 savings account,

01:50 and digital payment network.

02:02 Kutoka nijisajilina ningiennaniate yopesa nimesaidika

02:07 yale Manyasi nimepata pesaununwaanayo ambo ilukwana

02:09 angalna macho nasaidika nyumbani pakkwangombe.

02:20 Uh,

02:20 but it drive the hua falefidae

02:22 er

02:23 of gargara torecha

02:25 of gargara to gargar sebaye to rutolfamenannositine.

02:38 Livestock insurance is also a new product in Somalia

02:42 and it is the first time it is implemented in Somalia.

02:46 It was really very successful.

02:49 A lot of pastoralists have participated

02:52 and we are hoping in the next season

02:55 that we will reach

02:57 most of the Somali

02:59 and regions.

03:01 That model of having that combination of.

03:03 The bank and the insurance companies working together,

03:06 I think it added value to the project where the bank was creating a bridge of trust

03:12 between the insurance companies and the beneficiaries.

03:16 Whenever the beneficiaries seeing that they will be having

03:20 bank savings accounts and their money is safe,

03:23 then accepting and buying the products became easier.

03:27 The government as a whole.

03:29 Promotes

03:30 the private sector investment

03:33 to the different sectors of the productive sector,

03:35 and livestock is one of the productive sectors and one of the success.

03:40 This project indeed is a demonstration of the government effort

03:43 to build resilience and increase income of the pastoralists,

03:46 reducing their vulnerability

03:48 to poverty and expenditure required during droughts.

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This is what the, the, the, the drive project envisaged. That is, if there's quick payout, then you encourage the next group of people to know that, wow, this thing works actually. And the idea is that you're able to give them money to buy pasture, to buy fodder, so that the animals don't die. A coursesibulati Mayamatiki yale kosibulaunguiseongenkinamajeronacanamatamate namioritave beka kamale and shinihenajera. Wakatia kangazi punapatashidakumbasa wakulimawafugaji account here toningwambe amambuzi wakati Nwambewame Atirika nikama to me poteza account nahatunamwele keo. The project is designed as a package, a provision for pastoralists in the country to have this integrated package for financial services including the road index insurance, savings account, and digital payment network. Kutoka nijisajilina ningiennaniate yopesa nimesaidika yale Manyasi nimepata pesaununwaanayo ambo ilukwana angalna macho nasaidika nyumbani pakkwangombe. Uh, but it drive the hua falefidae er of gargara torecha of gargara to gargar sebaye to rutolfamenannositine. Livestock insurance is also a new product in Somalia and it is the first time it is implemented in Somalia. It was really very successful. A lot of pastoralists have participated and we are hoping in the next season that we will reach most of the Somali and regions. That model of having that combination of. The bank and the insurance companies working together, I think it added value to the project where the bank was creating a bridge of trust between the insurance companies and the beneficiaries. Whenever the beneficiaries seeing that they will be having bank savings accounts and their money is safe, then accepting and buying the products became easier. The government as a whole. Promotes the private sector investment to the different sectors of the productive sector, and livestock is one of the productive sectors and one of the success. This project indeed is a demonstration of the government effort to build resilience and increase income of the pastoralists, reducing their vulnerability to poverty and expenditure required during droughts.

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PT4M7S

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worldbank/DRIVE-PROJECT

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worldbank/DRIVE-PROJECT-AVS

title

DRIVE PROJECT

description

DRIVE PROJECT

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