# Fondepes allocates S/1.5 million in loans for artisanal fishers amid El Niño

> Peru’s National Fisheries Development Fund approved S/1.5 million in extraordinary loans for artisanal fishing businesses exposed to or affected by heavy rain and other adverse weather linked to El Niño. The program offers annual interest of 1% and financing to repair or protect boats, equipment, and other productive assets, with loans available through December 31, 2026.

- Date: 2026-11-06 · published 2026-11-07T00:19:51.472Z
- Category: policy · region Peru · magnitude low
- Page: https://feedsoft.ai/events/85125-fondepes-allocates-s-1-5-million-in-loans-for-artisanal-fishers-amid-el-nino
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Concessional financing could help affected fishers restore assets and sustain operations, limiting potential disruption to local fishing supply. The article does not indicate a direct effect on feed commodity prices.

## Sources

- agroperu.pe: https://www.agroperu.pe/fondepes-destina-s-1-5-millones-en-creditos-para-pescadores-artesanales-ante-el-nino/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.