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
-
- All the registered fishermen
-
- Proof of fishing activity
- Membership in any of the Fish Marketing Centers
- Recommendation from FMC Committee
2. Loan Terms
-
- Loans range from 50000/- to 300000/-, depending on fishermen needs and repayment capacity.
-
- Competitive and fair interest rates to ensure affordability.
-
- 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: