Innovation for Smallholder
Farmers in Latin America
Satellite-Powered Insurance for Climate Resilience
Company Background
SUYANA is a climate tech company offering parametric insurance that uses high-resolution satellite data and proprietary algorithms to better predict, measure, and respond to climate-related risks. By improving how climate hazards, production value at risk and farm losses are estimated, SUYANA delivers more accurate and affordable insurance products. Their hybrid model blends satellite-based predictions with on-the-ground validation, reducing the cost and complexity of post-disaster loss assessments. SUYANA’s full-stack products are designed for embedded B2B2C business models, enabling insurers, cooperatives, and agribusinesses to easily distribute coverage to smallholder farmers.
Our Product
SUYANA’s core offering is a suite of parametric insurance tools that trigger payouts based on weather data, rather than individual loss claims. This approach makes insurance more transparent, predictable, and scalable — especially for rural and underserved communities. By embedding these products into partner’s package of services for farmers, SUYANA helps extend climate protection to those most exposed to droughts, floods, and other extreme events.
Under this agtech project, Colcafé aims to:
- Develop a high-resolution Early Warning System (EWS) for Bolivia, capable of detecting weather anomalies
- Launch a communication platform tailored to the needs of smallholder farmers
- Improve climate resilience for 4,000 farmers through real-time alerts and optimized parametric insurance delivery
What Our Users Say
Testimonails coming soon.
This project is supported by Incofin Foundation, with funding from IDB Lab.
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This Project is financed under the project “Innovation in Ag Tech and Digital Agriculture for Small Farmers” funded by the Inter-American Development Bank, as administrator of the Multilateral Investment Fund (IDB Lab)”. This Project is also financed under the Smallholder Sustainability Upscaling Programme (“SSNUP”) funded by the Ministry of Foreign and European Affairs of Luxembourg, the Swiss Agency for Development and Cooperation (“SDC”) and the Liechtenstein Development Service (“LED”) and is coordinated by Appui au développement autonome a.s.b.l. (“ADA”)”.
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