Loan program gives fisherman a sustainable boost
Photo slideshow: See how one fishing captain -- and fishery -- benefits
For many years, California fisheries were struggling with dwindling fish stocks and income. The last thing fisherman had on hand was cash to upgrade their equipment, even though doing so would help them transition to catch shares – a type of eco-friendly fishing heralded by EDF that not only prevents and reverses over fishing, but also helps fisherman become more prosperous.
In 2008, EDF began the award-winning California Fisheries Fund, which offers low-interest loans to businesses to improve operations and infrastructure that support eco-friendly seafood. The program has loaned nearly $1.7 million to 11 borrowers. It's directed by EDF's Phoebe Higgins.
See how one 2012 CFF recipient used his loan:
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