Kenyan agriculture insurance startup Pula in partnership with Apollo Agriculture and APA Insurance on Tuesday announced a Sh9.16 million initial payout to 833 insured farmers in Kirinyaga County for losses incurred during the 2021 March April May season, through its area yield insurance product.
The insurance product was developed by Pula to protect smallholder farmers from systemic risks such as floods, drought, diseases and pests that significantly affect farm yield.