Rizky Trisna Putri, Illisriyani Ismail, Diyah Utami, Febriandita Tedjomurti, Mentari Puspa Wardhani, Asyifa Anandya, Purwanto Purwanto
Small-scale aquaculture producers are frequently excluded from formal financial systems and rely on informal credit, trader-linked financing, and community-based risk-sharing arrangements. This systematic review synthesizes empirical evidence on the socioeconomic determinants of access to finance and insurance in local aquaculture systems. Following PRISMA guidelines, 1,247 records (2000–2024) from Scopus, Web of Science, and Google Scholar were screened, resulting in 82 eligible studies appraised using an adapted CASP framework. Findings indicate that informal credit, microfinance, and cooperative finance dominate, while formal banking, digital finance, and aquaculture insurance remain limited. Access is strongly shaped by income, education, social capital, institutional trust, and gender dynamics. Insurance adoption—particularly index-based schemes—remains very low due to trust deficits, product complexity, and limited institutional outreach. Overall, financial access improves income stability, risk-coping capacity, and productive investment, but structural inequalities and value-chain power asymmetries constrain inclusiveness. This review integrates agribusiness and sociological perspectives to inform more inclusive aquaculture finance and insurance design. © 2026, Egyptian Society for the Development of Fisheries and Human Health. All rights reserved.
Sociology Study Program, Faculty of Social and Political Sciences, State University of Surabaya, Jl. Ketintang No i8, Ketintang, Gayungan District, East Java, Surabaya, 60231, Indonesia; Center for Policy Research, CPR, Universiti Sains Malaysia, USM, Penang, Gelugor, 11700, Malaysia; Fisheries Socioeconomics, Kediri City Campus, Department of Fisheries and Marine Resources Management, Faculty of Fisheries and Marine Sciences, Brawijaya University, Jl. Pringgodani, East Java, Kediri City, 64111, Indonesia; Faculty of Economics and Business, University of Madura, Jl. Raya Panglegur No.Km 3.5, West, Panglegur, Tlanakan District, East Java, Pamekasan, 69371, Indonesia
