Investment prospects in inland capture fisheries -- revolving loan scheme to artisanal fishermen

Eyo, A.A. and Ita, E.O. (1987) Investment prospects in inland capture fisheries -- revolving loan scheme to artisanal fishermen. In: 5th Annual Conference of the Fisheries Society of Nigeria (FISON) , 22-25 September, 1986 ,Ilorin, Nigeria, pp. 105-127.

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Abstract

Fishing inputs in the form of the netting materials, boats and outboard engines were issued to 20 fishermen on revolving loan basis at 2 centres - Shagunu. and Monai along the western bank of Kainji Lake, Nigeria. The agreement was that the recipients should sell all their catches to the Institute and surrender 20% as part payment of the loan, until they offset the loan after which the inputs would become theirs'. The scheme was monitored for 5 years during which time most recipients had completed payment. It was observed that adequate revenue could be made from the scheme provided there was effective supervision. A proposal has been made for large scale supply of fishing inputs to one hundred fishermen. The scheme is laudable as a means of improving the lot of the fishermen and implementing management proposals in water bodies through the recipients

Item Type: Conference or Workshop Item
Title: Investment prospects in inland capture fisheries -- revolving loan scheme to artisanal fishermen
Personal Creator/Author:
CreatorsEmail
Eyo, A.A.
Ita, E.O.
Page Range: pp. 105-127
Date: 1987
Event Title: 5th Annual Conference of the Fisheries Society of Nigeria (FISON)
Event Type: Conference
Event Location: Ilorin, Nigeria
Event Dates: 22-25 September, 1986
Issuing Agency: Fisheries Society of Nigeria
Uncontrolled Keywords: Nigeria; artisanal fishing; financial management; fishery development; fishery management; investments; lake fisheries
Subjects: Management
Fisheries
Item ID: 3449
Depositing User: Ms Maria Kalentsits
Date Deposited: 28 May 2010 19:17
Last Modified: 29 Sep 2011 17:25
Related URLs:
URI: http://aquaticcommons.org/id/eprint/3449

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