full transcript

From the Ted Talk by Rose Goslinga: Crop insurance, an idea worth seeding

Unscramble the Blue Letters


Now many of you know microcredit, the method of providing small lonas to poor poelpe pioneered by mmahuamd Yunus, who won the neobl Peace Prize for his work with the Grameen Bank. Turns out, selling microcredit isn't the same as selling insurance. For credit, a farmer needs to earn the trust of a bank, and if it succeeds, the bank will advance him money. That's an avtitrcate proposition. For insurance, the farmer needs to tusrt the insurance company, and needs to advance the insurance cnaopmy money. It's a very different value proposition. And so the uptick of iasucnnre has been slow, with so far only 4.4 percent of Africans taking up insurance in 2012, and half of that number is in one country, South Africa.

Open Cloze


Now many of you know microcredit, the method of providing small _____ to poor ______ pioneered by ________ Yunus, who won the _____ Peace Prize for his work with the Grameen Bank. Turns out, selling microcredit isn't the same as selling insurance. For credit, a farmer needs to earn the trust of a bank, and if it succeeds, the bank will advance him money. That's an __________ proposition. For insurance, the farmer needs to _____ the insurance company, and needs to advance the insurance _______ money. It's a very different value proposition. And so the uptick of _________ has been slow, with so far only 4.4 percent of Africans taking up insurance in 2012, and half of that number is in one country, South Africa.

Solution


  1. people
  2. company
  3. trust
  4. muhammad
  5. nobel
  6. insurance
  7. attractive
  8. loans

Original Text


Now many of you know microcredit, the method of providing small loans to poor people pioneered by Muhammad Yunus, who won the Nobel Peace Prize for his work with the Grameen Bank. Turns out, selling microcredit isn't the same as selling insurance. For credit, a farmer needs to earn the trust of a bank, and if it succeeds, the bank will advance him money. That's an attractive proposition. For insurance, the farmer needs to trust the insurance company, and needs to advance the insurance company money. It's a very different value proposition. And so the uptick of insurance has been slow, with so far only 4.4 percent of Africans taking up insurance in 2012, and half of that number is in one country, South Africa.

Frequently Occurring Word Combinations


ngrams of length 2

collocation frequency
selling insurance 4
maize flower 2
traditional insurance 2


Important Words


  1. advance
  2. africa
  3. africans
  4. attractive
  5. bank
  6. company
  7. country
  8. credit
  9. earn
  10. farmer
  11. grameen
  12. insurance
  13. loans
  14. method
  15. microcredit
  16. money
  17. muhammad
  18. nobel
  19. number
  20. peace
  21. people
  22. percent
  23. pioneered
  24. poor
  25. prize
  26. proposition
  27. providing
  28. selling
  29. slow
  30. small
  31. south
  32. succeeds
  33. trust
  34. turns
  35. uptick
  36. won
  37. work
  38. yunus