Coral reefs across Micronesia are under real pressure, and many of the businesses that could take some of that pressure off do not have the support to scale.
The Micronesia Conservation Trust, in collaboration with The Nature Conservancy and the Global Fund for Coral Reefs, is developing the GFCR Livelihoods Fund to change that.
Zero-interest loans of $30,000 to $100,000 for businesses in FSM, RMI, and Palau whose work benefits reefs. No fees, and no assets taken as collateral.
The first application cycle is now closed. Stay tuned for updates. For questions, email Mahina Cole at mcole@ourmicronesia.org.