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Micro- and meso-level weather risk management : deficit rainfall in Malawi (Inglés)

In the agricultural sector of many developing countries, weather risk is pervasive and remains one of the major constraints limiting farmers from accessing loans necessary to expand their production and improve productivity. Agricultural lenders particularly worry about high rates of default in the event of drought. Out of millions of smallholder farm households in Malawi, only 50,000 currently access credit from formal financial institutions for...
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