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End-term Project Evaluation of National Agriculture Insurance Scheme

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Finance and investment

Advert for End-term Project Evaluation of National Agriculture Insurance Scheme

 1.    About Access to Finance Rwanda

Access to Finance Rwanda (AFR) is a Rwandan Not for Profit Organization, established in March 2010 by the Governments of Rwanda and the United Kingdom (UK) and is currently funded by the UK Department for International Development (DFID), MasterCard Foundation, USAID, and Sweden.

AFR’s strategic focus is stimulating financial sector development by partnering with financial institutions and other stakeholders to increase access to and use of financial services. AFR is guided by the Making Markets Work for the Poor (M4P) approach recognizing that efforts to increase financial inclusion have to be market-led and profitable for sustainability. AFR supports the Government of Rwanda’s development objectives by aligning all its interventions to the national policy frameworks including the Financial Sector Development Program (FSDP) II, the Economic Development and Poverty Reduction Strategy (EDPRS), and the National Strategy for Transformation (NST1).

2.    Overview of the National Agriculture Insurance Scheme Project (NAIS)

The agriculture sector plays a critical role in the Rwandan economy, food security, and poverty reduction. The sector accounts for a third of the country’s GDP (30% of the GDP – National Accounts 2016), meets approximately 90% of the national food needs, and employs close to 70% of the labor force (EICV 4).

Farmers in Rwanda are progressively facing more risks, including the risk of crop and livestock loss. Smallholder farmers are particularly vulnerable as they do not have the resources to take preventive measures or absorb shocks.

Despite such a level of vulnerability and the agriculture sector's critical contribution to the economy, access to livestock or crop insurance remained extremely low and often at a high cost to the average farmer in Rwanda. In addition, expanding access to financial services for farmers is a critical part of agricultural transformation in Rwanda. A well-implemented insurance scheme can reduce vulnerability in the event of crop failure or reduced yields and/or livestock loss, increase access to credit, and enables improved productivity. Thus, in April 2019 the Government of Rwanda in collaboration with other stakeholders, launched the National Agriculture Insurance Scheme (NAIS) to increase access to appropriate agriculture insurance.

NAIS is implemented through a Public-Private Partnership (PPP) model. Three private sector insurance companies selected through a competitive public tender process underwrite NAIS insurance and seek reinsurance from a number of reputable reinsurance companies. Through the Ministry of Finance and Economic Planning (MINECOFIN), the Government provides financial support mainly in form of 40% premium subsidies for both crop and livestock insurance to incentivize farmers. The Ministry of Agriculture and Animal Resources (MINAGRI) manages the scheme.

Since September 2017, in line with its Inclusive Insurance Development Strategy, AFR provides technical assistance to MINAGRI and MINECOFIN to design and implement NAIS.

The objective of the assignment

AFR seeks a qualified firm / a team of consultants to conduct an end-term review of the above-mentioned project.

Scope of Work

The firm/consultants will assess the project based on OECD-DAC evaluation criteria.

How to Apply

All interested and qualified firms should submit their proposals (both Technical and Financial) separately, marked with a clear subject line: “ End-term Project Evaluation of National Agriculture Insurance Scheme Project” to no later than Wednesday 28th October  2020 at 05:00 pm Central African Time (CAT).

KEYNOTE: Follow this link to the AFR website for detailed information on this advertisement.