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Publication Detail
ACPC 1994-02: Fishpond Lease Agreements (FLAs) as Potential Collateral Instruments

Small fishfarmers do not usually own properties and land to cultivate, relying only on leased fishpond areas covered by Fishpond Lease Agreements (FLAs) issued to them by the government. While the provision of FLAs primarily encourage the development of the country's aquaculture areas, the non-valuation of banks proved to be discouraging to prospective fishfarmers who want to avail of financing for their aquaculture development projects. This paper discusses the issue of the non-acceptability of FLAs as loan collateral and provide some recommendations.

Agricultural Credit Policy Council
Authors Keywords
Marasigan, Lalaine G,; fisheries sector; credit policy; borrower; aquaculture sector; fishpond; financial services;
Download PDF Number of Downloads
Published in 1994 and available in the ACPC or NO PDF AVAILABLE Downloaded 0 times since November 25, 2011
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