A Shri Lanka Credit Project to Provide Banking Services to Fisherfolk

By Fernando, Claude

Summary
Electronic reproduction.

Description
Nutrition Reference Publication

Excerpt
Excerpt: Shri Lanka has approximately 1600 kilometres of coastline. The marine fisheries industry, therefore, occupies a prominent place in the economic life of the island?s coastal areas. The industry provides direct employment to approximately 100,000 persons, besides providing part-time and indirect employment in fishery- related activities to about 15,000 persons. Fish and fish products contribute around 60 per cent to the animal-based protein consumption in the country. Marine fishing, particularly in the inshore areas, is largely a seasonal activity carried out by fisherfolk using traditional methods, craft and gear. The principal source of credit for the fisherfolk engaged in the fishing industry has been the informal sector, comprising of village level money lenders, and fish traders called mudalalis. These informal financiers extend financial assistance to fisherfolk families for subsistence during the ?off season?, and to migrant fisherfolk to meet the expenses of moving their fishing craft, equipment and crew to the seasonal fishing bases in the far northwest and the east.

Book Id: WPLBN0000053802
Format Type: PDF eBook
File Size: 686,231 KB.
Reproduction Date: Available via World Wide Web.
Full Text

Title:

A Shri Lanka Credit Project to Provide Banking Services to Fisherfolk

Author:

Fernando, Claude

Volume:

Language:

English

Subject:

United Nations., Food and Agriculture Organization of the United Nations. FAO agriculture series, Agriculture

Collection:

United Nations Food and Agriculture Organization Collection

Subcollection:

Historic
Publication Date:

Publisher:

Food and Agriculture Organization of the United Nations (FAO)

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