Finance 4 Development / Artifact Description: Investing in Data Collection - Information Exchange System for Risk Identification and Assessment in Small Coffee Farms
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Finance 4 Development / Artifact Description: Investing in Data Collection - Information Exchange System for Risk Identification and Assessment in Small Coffee Farms
1. Investing in Data Collection
IES4RIA
The Information Exchange System for Risk Identification and Assessment
project is an innovative initiative that calls for the investing of funds from
multidimensional sources in a data collection system. This system will
function as a mean to the early identification and assessment of hazard,
operational, strategic but primarily financial risks and its three major types:
market, credit and price risks affecting the small coffee producers’ sub-
sector of the Nicaraguan economy. The project will run in a web-based
platform through cellular communications. It is a bottom-up model that will
enable stakeholders to openly participate in the pursuit of information that
leads to the establishment of a risk processing model, a set of tailored risk
treatments and ultimately a risk management framework within the sub-
sector.