The Clinton Giustra Enterprise Partnership, an initiative of the Clinton Foundation and philanthropist Frank Giustra, announced the launch of the “Acceso Peanut Enterprise Corporation,” a supply chain enterprise in Haiti that aims to 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 providingpeanut 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.

This initiative is part of Clinton Giustra Enterprise Partnership's goal to create social businesses around the world.

“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).

About the Clinton Giustra Enterprise Partnership

The Clinton Giustra Enterprise Partnership (the Enterprise Partnership), established by President Bill Clinton and Canadian philanthropist Frank Giustra, combines the best of non-profit and for-profit approaches to create new enterprises that capitalize market opportunities to generate social impact and financial returns by addressing existing market gaps in developing country supply and distribution chains. The Enterprise Partnership has been refining its approach for several years and believes there is great potential to enhance the economic and social benefits of marginalized communities by incorporating these individuals into one of three “market-driven” models – Distribution Enterprises, Supply Chain Enterprises, and Training Center Enterprises. Through these models, the Enterprise Partnership seeks to help people work themselves out of poverty.