June 29, 2014
Sunday
Jun 29
2014

Clinton Giustra Enterprise Partnership Launches Peanut Supply Chain in Haiti to Enable 12,000 Small Farmers to Improve their Livelihoods

Press Release
President Bill Clinton and philanthropist Frank Giustra visit new depot in Haiti
 
Port-au-Prince, Haiti — The Clinton Giustra Enterprise Partnership, an initiative of the Clinton Foundation, founded by President Bill Clinton and philanthropist Frank Giustra, today announced the launch of the “Acceso Peanut Enterprise Corporation,” a supply chain enterprise in Haiti that will improve the livelihoods of more than 12,000 smallholder peanut farmers. The Enterprise Partnership will provide a network of service depots throughout the Central Plateau and Northern regions of the country facilitating the delivery of quality inputs and training to farmers as well as the collection and safe storage of peanuts.
 
The announcement came as President Clinton and Frank Giustra visited one of the depots that are providing peanut farmers with training, supplies, and a market for their harvests. Five of these depots have already opened, and 35 are planned throughout the Central Plateau and the North.
 
“We are committed to long-term, sustainable economic development in Haiti,” said President Clinton. “The enterprise partnership model, which has worked with great success in other countries, will connect thousands of farmers to high-quality supplies and help them improve their incomes and livelihoods.”
 
“The Acceso Peanut Enterprise Corporation is modeled after the success of a similar supply chain enterprises we have launched in Latin America and India and illustrates a replicable solution that has the potential to alleviate global poverty,” said Giustra, co-founder of the Clinton Giustra Enterprise Partnership. “We’re very excited at the potential it has in Haiti not only to increase the yield and productivity, but to scale up Haiti’s peanut supply chain to meet the growing regional demand for peanuts without relying on imports. We are also delighted to have Fundacion Carlos Slim’s partnership in making this investment reflecting our joint commitment to economic development in Haiti.”
 
The Enterprise Partnership will sell peanuts to regional buyers including Meds and Food for Kids and Partners in Health - manufacturers of peanut-based nutrition supplements for children.  The training of farmers will also be facilitated by TechnoServe as a result of grants received from the Kellogg Foundation, the Abbott Fund, the Inter-American Development Bank, and the U.S. Agency for International Development (USAID).
 
“The farmers in Haiti are willing and able to work and this enterprise will enable them to become competitive players in a potentially thriving market,” said Mark Gunton, CEO of the Clinton Giustra Enterprise Partnership. “A market-driven approach to poverty alleviation such as this empowers these farmers to earn a reliable source of income and provide for their families – a much more sustainable solution than charitable handouts.”
 
The results of this enterprise will help to improve the yields and qualities of peanut farms in Haiti and increase in farmer income the coming years.
 
The Enterprise Partnership's implementation of its Supply Chain Enterprise model continues the Clinton Foundation’s active engagement in Haiti since 2009. Since the 2010 earthquake, the Foundation has focused on reconstruction and long-term, sustainable development, through economic diversification, private sector investment and job creation. The Haiti team has provided and facilitated grants and investments to support Haitian entrepreneurs, small businesses, and farming cooperatives; helped to facilitate more than $30 million in foreign direct investment into Haiti; and continued to provide capacity building and access to markets for Haitian businesses and the Haitian Center for Investment Facilitation.
 

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