Supporting Women-owned Microfinancing Programs
Historically, women in the seafood sector have not been offered the same opportunities as men, especially in developing businesses and taking ownership over decision-making and finances. When women have more decision-making power, they can diversify their family income and reduce dependency on a single-income source, like fishing.
WWF Tanzania has taken a proactive approach to women’s empowerment and works to start microfinancing programs. 6,000 members—70% of which are women —now have bank accounts and the capability to take out soft loans to start selling marine and coastal stock like fish, coconut, mangrove products, handicrafts, and seaweed, as well as start businesses such as roadside cafes, tailoring, and apiculture (beekeeping). Microfinance hasn't yet developed in Indonesia to this extent, so learning about its success helped identify ways for WWF Indonesia to explore microfinancing further.
In Bali, Indonesia, women handle more than half of all fish processing. The WWF partner organization, Coral Triangle Centre, focuses on growing women’s empowerment in the region and improving financial leadership opportunities to give women a greater role in conservation and sustainable management.
Centering local ownership and marine management
Local ownership and management are at the center of WWF’s conservation approach and is key to achieving stable fisheries and social and economic benefits. In Tanzania, this includes working with communities to gain local management rights through governance structures called “Beach Management Units.” Similarly, WWF helps support fishers in Indonesia to organize co-management committees that help manage marine protected areas.
In Tanzania, Indonesia and more than 100 countries, WWF has an incredible network of dedicated staff working to improve our planet for people and nature. By embracing opportunities to meet and exchange learnings, we find common, sustainable solutions for our oceans and the communities that rely on blue foods.