Blue food value chain solutions – Social empowerment – Sao Tome and Principe: Self-help groups – Unlocking formal finance for artisanal fishing communities
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This fact sheet presents the FISH4ACP programme's work to improve access to credit and microfinance for fishing communities in Sao Tome and Principe. Around 200 people from five fishing communities, mostly women fish traders and fish processors, have been organized into 10 self-help groups. This allows them to pool their savings and pursue individual and joint financial goals. Consequently, the groups will have better access to financial services, enabling them to obtain working capital and expand their businesses.
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