The life of fishermen is often associated with poverty because of uncertain income depending on catch, weather and season. The capital requirement becomes an obstacle to develop fishery business and fisherman side business. One of the ways for the government to overcome this problem is to provide assistance in the form of grants with main objective is increasing the ability and income of fishermen through the development of small-scale fishing business activities in rural areas in accordance with the potential of fish resources. However, the distribution of grant funds often does not work well and there is a lack of continuous evaluation. This study aims to analyze the factors that affect the level of welfare of fishermen in Mangkang Wetan Sub-district, Semarang City, Indonesia. The research population is 110 people with 21 samples of fishermen receiving Business Capital Program of Rural Development (PUMP beneficiaries) and 53 non-PUMP beneficiaries who do fishing activities using trammel net and bubu traps. Technique of collecting data by interview method with questioner and observation in field. Data analysis technique using regression of dummy variable. Factors affecting the level of welfare of the fishermen in Mangkang Wetan Village, Tugu Sub-district, Semarang are experience, fisherman's income, income of family member of fisherman, education. The variables that have no significant effect are the age, number of family dependents, expenditure and assistance of the PUMP program.
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