Fish Marketing Organization Loan Fund

Objectives:

• Established in 1946 by the Fish Marketing Organization.
• Primarily provides short-term loans to fishermen to support their operational needs.
• Loans aim to sustain or improve fishing businesses.
• Assist fishermen during the annual fishing moratorium and preparation for fishing resumption.

Target Beneficiaries:

• Members of registered fishermen's co-operative societies or registered fishing companies.
• Local fishermen who:
  • Hold a valid fishing vessel license issued by the Marine Department.
  • Are bona fide fishermen.
  • Market or intend to market their catches through the Fish Marketing Organization.
  • Meet other specified requirements by the Organization.

Loan Purposes:

• Repair or replacement of fishing vessels, gear, and equipment, including engines and navigational/electronic aids.
• Any other approved purposes that sustain or improve the fishing business.
• Support during the fishing moratorium period.

Application Process:

• Applicants must complete the appropriate application form (normal loans or fishing moratorium special loans).
• Forms can be filled online or downloaded and completed offline.
• Submit completed forms with required supporting documents by post, in person, fax, or email to the Fisheries Credit Section, Agriculture, Fisheries and Conservation Department.
• Fax or email submissions require an interview and document verification.
• Applicants must sign a declaration confirming the truthfulness of the information provided.

Key Features:

• Short-term loan focus tailored to operational needs of fishermen.
• Supports both business improvement and moratorium-related financial needs.
• Multiple submission channels for application convenience.
• Verification process ensures authenticity and eligibility.
• Available forms and guidance are provided in Chinese, with online e-Form options.

This fund plays a vital role in sustaining the fishing industry in Hong Kong by providing timely financial assistance to fishermen for operational continuity and business enhancement.