Assessing viability of microfinance for creating opportunities for social protection coverage of atypical workers
- Code:
- 2019-01
- Partner Institution:
- Ministry of Labour and Employment Promotion [Ministerio de Trabajo y Promoción del Empleo]
- Description:
- This technical cooperation action has allowed to deepen the Partner’s understanding of the possibilities (and the difficulties) linked to the promotion of micro-insurance for providing essential coverage to uninsured workers. A specific target population has been indicated by the Ministry of Labour and Employment Promotion of Peru as main target group: the dockers of the agricultural market of La Vitoria, in the outskirts of Lima. Experts’ teams – from France, Italy and Spain - have met and discussed with the representatives of the dockers and their unions, in order to explore whether the option of a micro-insurance that meet basic-coverage needs with regards to pensions and the risk of running into working-related sickness or accidents, could represent a suitable option for the workers. Experts also met with private micro-finance organizations in order to explore the actual micro-insurance plan that could be proposed to the dockers.
