Bangladesh Sustainability Excellence Award Finalists 2023: How Mutual Trust Bank is helping fishermen with a secure livelihood
With a view to supporting the Government’s initiative to increase fish production through uninterrupted breeding by separate fishing bans twice a year in the interest of the national economy, MTBFoundation, through this project, created an alternative source of income for the jobless fishermen of different regions of the country. Since the project was driven by the women of the households, the initiative greatly contributed to women empowerment.

Every year, the Government imposes a 65- day fishing ban on the Bay of Bengal to preserve the fishing stock and boost their breeding in the interest of the national economy. This is followed by a 22-day ban on catching, selling, hoarding and transporting Ilish / Hilsha. As a part of its commitment towards the ‘Environment’ sector, MTB Foundation has been supporting the jobless fishermen during the bi-annual fishing ban period. The objective of the project is to provide skill development opportunities for jobless fishermen so that they can survive during the fishing ban imposed by the government. Through this project MTB Foundation intended to improve the living status of the fishing community by ensuring alternative sources of income which will be driven by the women of the households. MTB Foundation distributed livelihood assets grants amongst 200 Households (HHs) of the vulnerable fishing communities at Panjupara and Poshchim khajura of Kuakata. The objective of the project is to support the Government’s initiative to increase fish production through uninterrupted breeding by separate fishing bans twice a year in the interest of the national economy. At the same time, ensure that the fishing community has an alternative source of income which will be driven by the women of the households; thus, contributing to women empowerment. Under this project, MTB Foundation distributed livestock amongst 160 Households (HHs), sewing machines amongst 32 HHs and provided support to 8 HHs for establishing fish, dry fish, small and agri businesses. MTB Foundation, through this project, intends to help attain Sustainable Development Goal (SDG) 1 (NoPoverty), SDG 2 (Zero Hunger), SDG 13 (Climate Action) and SDG 14 (Life below Water).

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