Question 1

What is OKO Finance and how does it work?

Accepted Answer

OKO Finance is a parametric climate insurance platform that provides crop-specific cover to smallholder farmers against weather risks like drought and floods. Farmers enroll via mobile (including simple feature phones), pay premiums through mobile money, and Oko uses satellite and weather data to automatically detect qualifying weather events and trigger compensation payouts without the need for manual claims.

Question 2

What countries does OKO Finance operate in?

Accepted Answer

OKO Finance is active in Sub-Saharan Africa, with explicitly listed operations in Mali, Uganda, and Côte d’Ivoire. It also has a broader focus on smallholder farmers across the region through partner-driven distribution.

Question 3

How do I sign up for OKO Finance?

Accepted Answer

To sign up, you typically connect via your mobile phone using the local short code provided in your country, then follow the prompts to get a quote and pay your premium through mobile money. If you are an institution or partner (for example a financial institution, NGO, agro-industry, insurer, or reinsurer), you can reach out via the website or email to discuss onboarding and integration.

Question 4

Does OKO Finance have a mobile app?

Accepted Answer

Yes, OKO Agent is available on Android (Google Play Store).

Question 5

Who is OKO Finance best suited for?

Accepted Answer

OKO Finance is best suited for smallholder farmers in Sub-Saharan Africa who need affordable, weather-indexed crop insurance, and for organizations that work with them, such as financial institutions, NGOs, agro-industries, insurers, and reinsurers that want to distribute or embed agricultural insurance. It is particularly relevant where farmers rely heavily on rain-fed agriculture and have access to mobile phones and mobile money.

Question 6

How do I contact OKO Finance support?

Accepted Answer

You can contact OKO support by emailing info@oko.finance. There is also a contact option through the website for partnership or general inquiries.

Question 7

Does OKO Finance have a plan for teams or businesses?

Accepted Answer

Yes, OKO Finance offers solutions for teams and businesses, including custom-made insurance programs for groups such as corporates, cooperatives, financial institutions, NGOs, agro-industries, and insurers or reinsurers. These partners can use Oko’s tools to design, distribute, and manage agricultural insurance at scale across their farmer portfolios.

Question 8

Does OKO Finance offer an API or integrations?

Accepted Answer

Yes, OKO Finance offers a public API. View the official Oko API documentation for endpoints, authentication, and integration guides.

Discover Products, Get Discovered.