Peanut Farmers in Haiti Benefit from Social Enterprise

The Acceso Peanut Enterprise Corp., a social enterprise launched by The Clinton Giustra Enterprise Partnership, is created to help more than 12,000 small holder peanut farmers in Haiti. The Partnership is a Clinton Foundation initiative designed to foster economic development and alleviate poverty.

While peanut farmers in Haiti work far from markets and because of this, pay intermediaries to transport the crops, Acceso purchases directly from them, stores the food in strategically located warehouses and then sells to large buyers in Haiti, which, in turn, sell to the local market. According to Mark Gunton, the Partnership’s CEO, “These are people who live on close to $1 a day. This venture will make a massive difference to their income.”

via Social Enterprise In Haiti Transforms The Lives Of Peanut Farmers | Forbes