MARIS Programme

Mangrove Aquaculture
Revenue-based Insurance
and Finance Solution

A financially sustainable model that ties aquaculture lending and parametric insurance to measurable mangrove conservation — deployed in the Philippines, expanding across Southeast Asia.

What is MARIS

Combining income,
insurance, and restoration

Most conservation and livelihood programmes run in parallel — RISCO's MARIS model combines them into a single, commercially viable lending product.

Aquaculture financing drives farm income and creates an incentive for mangrove conservation
Loan repayments are tied to actual harvest revenue — no harvest means no repayment and no default
Parametric insurance removes the climate risk that deters commercial lenders
Mangrove monitoring is built into every loan as a measurable, verifiable condition

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Mangrove aquaculture fishponds in the Philippines supported by RISCO's MARIS programme

How It Works

Three pillars,
one integrated model

MARIS combines three financial instruments that individually are insufficient — but together create a resilient, replicable model for coastal communities.

Revenue-Based Financing

Capital Structured Around Harvest Cycles

Loans are disbursed per aquaculture cycle. Repayment is a fixed percentage of actual sales revenue — typically 15–25% of each harvest. If a cycle fails due to weather or disease, no repayment is due and no default is triggered. The loan stays active until the repayment ceiling is reached across successful harvests.

Parametric Insurance

Fast-Payout Climate Risk Coverage

Weather-triggered parametric coverage pays out within days of a qualifying event — typhoons, flooding, temperature extremes. No claims adjuster needed. Payouts protect both farmer income and RISCO's loan portfolio, making the model bankable even in climate-exposed coastal zones.

Mangrove Monitoring

Restoration as a Measurable Loan Condition

Each borrower must maintain a mangrove buffer within or adjacent to their pond. RISCO's AI platform monitors canopy health via satellite imagery and on-the-ground data. Restoration progress is tracked alongside financial performance, creating a linked conservation and commercial record.

Track Record

Proven in the field

MARIS is already operational — not a proposal, not a pilot. Here is what we have delivered.

30+

Women farmer borrowers in the Philippines

100%

Repayment rate across all completed cycles

120

Day average crop cycle — semi-intensive shrimp

Species currently financed: shrimp and seaweed

Geography

Live in the Philippines,
expanding across the region

MARIS is designed to be replicated across Southeast Asia where 250,000+ hectares of abandoned fishponds represent both a livelihood and restoration opportunity.

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Philippines — Active

Shrimp & Seaweed Farming Communities

Semi-intensive shrimp aquaculture in 2-hectare clusters. 40 post-larvae per m². 120-day cycles with harvest-based repayment. Seaweed pilot also active with women-led farmer groups.

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India — Expanding

Sundarbans Coastal Communities

Expansion to the Sundarbans — one of the world's largest mangrove systems — is underway, targeting coastal aquaculture communities with similar livelihood and restoration profiles.

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Southeast Asia — Pipeline

Replicable Across the Region

MARIS is designed from the ground up to be replicated. The financial model, monitoring platform, and insurance structure are all transferable to new geographies with minimal adaptation.

Mangrove AquacultureRevenue-based Insuranceand Finance Solution

Combining income,insurance, and restoration

Three pillars,one integrated model