MTB Foundation Supports Alternative Livelihoods For Chandpur's Fishing Families

(MENAFN- Bangladesh Monitor) Dhaka: MTB Foundation has distributed livelihood grants to vulnerable fishing households in Chandpur to help them develop alternative sources of income, particularly during seasonal fishing bans.

The initiative was carried out under the foundation's project,“Creating Alternative Livelihood for Vulnerable Fishing Communities through Income Generating Activities (IGAs).” Beneficiaries from Lalpur Union and Chandpur Pourashava received support to start or expand small income-generating activities.

The assistance included materials for goat rearing, poultry farming, homestead gardening and small businesses. The activities are intended to be managed primarily by female members of fishermen's families, enabling households to earn income throughout the year when fishing is restricted.

Fishing bans are introduced to protect fish stocks and support sustainable fisheries, but they can leave fishing-dependent families facing financial difficulties. By promoting alternative livelihoods, the project seeks to reduce households' reliance on fishing and strengthen their ability to maintain income during these periods.

Samia Chowdhury, chief executive officer of MTB Foundation, attended the distribution event.

The initiative reflects the foundation's efforts to support vulnerable communities through livelihood development and income diversification. By providing productive assets, the program aims to create opportunities for women to contribute more directly to household earnings while helping fishing families build greater financial resilience.

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