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.
Acceso Peanut Enterprise Corporation on the Clinton Giustra Enterprise Partnership
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Acceso Peanut Enterprise Corporation is a Haitian Innovation
- By: Social Business EditorJul 17, 2014