Rahat

Rumsan

Rahat

Building financial resilience against climate shocks for vulnerable communities through a blockchain-powered financial access platform

Kathmandu

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For-Profit

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Today, over 700 million people live in extreme poverty, and climate change is pushing millions more into crisis. The window between forecast and disaster is not weeks or days, but is often just a few hours. While preventive action and insurance can help, they are often too slow and cumbersome.

Rahat leverages blockchain and automated weather data triggers to provide low-income farmers with fast, transparent insurance. By integrating anticipatory action, it triggers payouts before disasters strike, bypassing traditional delays. This proactive model reduces costs and builds immediate financial resilience for those most vulnerable to extreme climate events.

Rahat caters to vulnerable populations, smallholder farmers, herders, and migrant laborers excluded from traditional financial services. For these communities, natural disasters further push them into a permanent poverty cycle. Traditional insurance fails because it is reactive; manual damage verifications are too costly and claims processes are very slow, often taking weeks when every hour counts. High premiums and administrative hurdles leave these families underinsured and exposed to climate risks. By leveraging parametric and anticipatory triggers, Rahat replaces slow administrative hurdles with instant, data-triggered payouts. This proactive financial support provides the immediate liquidity needed to protect livelihoods before a crisis worsens. By ensuring support is both accessible and affordable, Rahat aims to empower marginalized households to break the cycle of disaster-induced debt and build long-term climate resilience.