Loan Guarantee Facility Unlocks Commercial Financing for Sustainable Eel Fishery in Peru
March 26, 2026 | 1 min to read
Clarmondial, the Marine Stewardship Council (MSC), the Walton Family Foundation, Banco de Crédito del Perú (BCP), and Perupez are pleased to announce the first transaction under the Loan Guarantee Facility (LGF), backed by philanthropic capital from the Walton Family Foundation to mobilize commercial financing for sustainable fisheries management.
The transaction enables Perupez, a fishing operator and seafood processor based in the Piura region in northern Peru, to access additional credit from BCP to support its sustainability transition and working capital. The loan is partially guaranteed under the LGF, a blended finance mechanism designed to facilitate credit for fisheries advancing toward the MSC Fisheries Standard.
By sharing risk with the lender, the LGF enabled BCP to responsibly expand Perupez’s credit facilities. The financing will support ongoing sustainability investments and the completion of the MSC assessment process for the North Peru eel trap fishery.
To read more, please visit MSC.