Microfinance Loans for Fishermen

Microfinance Loans for Fishermen

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Empowering Fishermen Through Financial Support

At FWS,  we understand the critical role that fishermen play in sustaining their communities and the local economy. Our microfinance program is designed to provide fishermen with the financial support they need to purchase essential equipment and improve their productivity.

Our Mission

Our microfinance loans aim to:

  • Enable fishermen to acquire modern and efficient equipment.
  • Enhance the safety and sustainability of fishing practices.
  • Support the economic development of coastal communities.
How It Works
1. Eligibility
  • Who Can Apply?
    • All the registered fishermen
  • Criteria
    • Proof of fishing activity
    • Membership in any of the Fish Marketing Centers
    • Recommendation from FMC Committee
2. Loan Terms
  • Loan Amounts
    • Loans range from 50000/- to 300000/-, depending on fishermen needs and repayment capacity.
  • Interest Rates
    • Competitive and fair interest rates to ensure affordability.
  • Repayment Schedule
    • Flexible repayment plans tailored to your fishing income cycle.
Success Stories

Read about how our microfinance loans have transformed the lives of fishermen and their communities: