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Financial services for small and medium-scale aquaculture and fisheries producers

Author

Listed:
  • Kleih, Ulrich
  • Linton, John
  • Marr, Ana
  • Mactaggart, Murdoch
  • Naziri, Diego
  • Orchard, John E.

Abstract

This article summarises the results of case studies carried out in six developing countries. The case studies analyse the economics of small and medium-scale aquaculture and fisheries enterprises, in particular their capital requirement to cover investment and operating costs, and discuss the demand and supply of financial services. Given that capture fisheries face problems in many parts of the world due to stagnating or declining stocks, it is likely that in the future aquaculture, including mariculture, will have to play an increasing role in supply. In order to achieve sustainable growth in aquaculture businesses in sub-Saharan Africa a range of constraints—technical and financial—need to be overcome. Traditional financial instruments seem unable to meet the financial needs of small and medium-scale enterprises (SMEs) in the aquaculture and fisheries sector. Accordingly, innovative financial models for SMEs need to be developed to fill the gap between traditional banking and grant-based donor finance. One key characteristic of investment funds specialising in SMEs in Africa is the combination of investment funds with business development funds in order to ensure the economic growth of SMEs as well as the likelihood of prompt loan repayment.

Suggested Citation

  • Kleih, Ulrich & Linton, John & Marr, Ana & Mactaggart, Murdoch & Naziri, Diego & Orchard, John E., 2013. "Financial services for small and medium-scale aquaculture and fisheries producers," Marine Policy, Elsevier, vol. 37(C), pages 106-114.
    • Handle: RePEc:eee:marpol:v:37:y:2013:i:c:p:106-114
    DOI: 10.1016/j.marpol.2012.04.006
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    Cited by:

    1. Villasante, Sebastian & Rivero Rodríguez, Susana & Molares, Yolanda & Martínez, Mercedes & Remiro, Javier & García-Díez, Cristina & Lahoz, Carmen & Omar, Isabel & Bechardas, Margarida & Elago, Pan, 2015. "Are provisioning ecosystem services from rural aquaculture contributing to reduce hunger in Africa?," Ecosystem Services, Elsevier, vol. 16(C), pages 365-377.
    2. Brunella Arru & Roberto Furesi & Laura Gasco & Fabio A. Madau & Pietro Pulina, 2019. "The Introduction of Insect Meal into Fish Diet: The First Economic Analysis on European Sea Bass Farming," Sustainability, MDPI, vol. 11(6), pages 1-16, March.
    3. Christian Mullon & Charles Mullon, 2016. "A constraint-based framework to study rationality, competition and cooperation in fisheries," Papers 1605.08166, arXiv.org, revised Jan 2017.
    4. Eltholth, Mahmoud & Fornace, Kimberly & Grace, Delia & Rushton, Jonathan & Häsler, Barbara, 2015. "Characterisation of production, marketing and consumption patterns of farmed tilapia in the Nile Delta of Egypt," Food Policy, Elsevier, vol. 51(C), pages 131-143.
    5. Steven Gronau & Etti Winter & Ulrike Grote, 2020. "Aquaculture, fish resources and rural livelihoods: a village CGE analysis from Namibia’s Zambezi Region," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(2), pages 615-642, February.

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