Redsol (Réseau solidaire de microassurances rurales) & Acting for Life
Country of implementation: Mexico
RedSol offers microinsurance products to poor families in rural areas which are adapted to their needs. The objective is to reduce their vulnerability. Redsol has created an innovative model that mobilizes capital and know-how from a major private insurance company, and distributes through a big network of rural organisations close to the beneficiaries. More than 97,000 micro life insurance policies have been written since end of 2005. Our challenge is to transform this successful experiment into a scaled-up sustainable social enterprise that develops new products and financial education.