2nd Place 2011  Finalist

Magnivy

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Indonesia

MAGNiVY works in the business of rehabilitating and utilizing the mangrove ecosystem. The first project is located in Aceh Singkil, Indonesia, which was impacted by 2004 Tsunami dan 2005 Nias earthquake disaster. Rehabilitated mangrove area will be utilized as aquaculture sites, using silvo-fishery method that doesn’t harm the surrounding environment. Aquaculture products will be marketed both to the local market and to overseas markets to meet the high demand of these products. The sales revenue will then be used to run mangrove rehabilitation in larger area. Through its business model which empowers local people and the Cooperative Union, MAGNiVY is bringing about a sustainable business to ensure financial and social returns to its stakeholders.