For over 350 Peruvian fishing families, seaweed isn’t just a product—it’s a lifeline. Along Peru’s coastline, where the desert meets the Pacific, Algaex works with small-scale harvesters to turn sustainable seaweed farming into a powerful tool for economic opportunity and marine conservation.
For over 350 Peruvian fishing families, seaweed isn’t just a product—it’s a lifeline. Along Peru’s coastline, where the desert meets the Pacific, Algaex works with small-scale harvesters to turn sustainable seaweed farming into a powerful tool for economic opportunity and marine conservation.
Many of Algaex’s collectors come from Indigenous and low-income communities in Ica, Pisco, and Nazca, where traditional fishing livelihoods are becoming harder to sustain. By training harvesters in eco-friendly collection methods, paying fair wages, and ensuring marine ecosystem recovery, Algaex is helping families build financial security—without depleting the ocean’s resources.
A $200,000 loan from Beneficial Returns is fueling Algaex’s next growth stage, enabling them to double their algae processing capacity and extend their impact to over 500 collectors.
Algaex is proof that sustainable business models can create lasting change for people and the environment. If you’re interested in how impact investing fuels solutions like this, click here!