The Impact of Agrarian Reform on Credit Markets in the Aquaculture Sector

This study focuses on the impact of Comprehensive Agrarian Reform Program on the industry’s access to formal finance. The paper has the following objectives: documentation and assessment of bank’s reaction to the program, determination of differences in bank’s approach to lending to aquaculture sector, investigation whether scale economies exist in the sector and description/analysis of the credit behavior and farming activities focusing on prawn/milkfish growers and fishpond lease agreement holders.