The Acceso Peanut Enterprise Corporation (APEC) is an investment on behalf of the Clinton Giustra Enterprise Partnership, which attempts to fund social businesses that are economically self-sustaining.
"In response, we facilitated a $1.25M investment in Acceso Peanut Enterprise Corporation (APEC), a peanut supply chain enterprise, that will provide capacity building and inputs to Haitian peanut farmers to will significantly improve yield and quality," the Clinton Giustra Enterprise Partnership writes on its website. "APEC will also purchase production from smallholder farmers at favorable, fixed prices, and then sort, test and re-sell peanuts directly to buyers and the general market."
We will see if and how the peanut industry in Haiti will grow and sustain itself over the years. Acceso's model, if all goes according to plan, will eventually train and employ over 13,000 farmers.
Contact Information
Acceso Peanut Enterprise Corporation on the Clinton Giustra Enterprise Partnership
Nutty Supply Chain Businesses
Acceso Peanut Enterprise Corporation is a Haitian Innovation
Trend Themes
1. Sustainable Supply Chains - Acceso Peanut Enterprise Corporation (APEC) is pioneering a socially and economically sustainable supply chain for peanuts in Haiti.
2. Capacity Building in Agriculture - APEC's investment in Haitian peanut farmers is providing them with the necessary resources and knowledge to significantly improve yield and quality.
3. Direct-to-buyer Selling Models - Through APEC's model, smallholder farmers can directly sell their peanuts to buyers and the general market, bypassing intermediaries.
Industry Implications
1. Agriculture - The peanut industry in Haiti has the potential to grow and sustain itself with APEC's investment and support.
2. Social Enterprise - Acceso Peanut Enterprise Corporation (APEC) exemplifies a successful social enterprise that combines business interests with social impact in the agricultural sector.
3. Food Distribution - APEC's direct-to-buyer selling model disrupts traditional food distribution channels by connecting smallholder farmers directly with buyers and the general market.