President Clinton Visits Foundation Work in El Salvador Lifting Farmers Out of Poverty
Program to connect farmers to training, supplies, and new markets is benefitting from a new partnership with the Inter-American Development Bank
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El Salvador, 9 (November 2015) – Today, President Clinton was joined by officials of the Clinton Foundation and the Inter-American Development Bank to visit a social enterprise run by the Clinton Giustra Enterprise Partnership (CGEP) that is helping smallholder farmers in El Salvador lift themselves out of poverty. The social enterprise, Acceso Oferta Local – Productos de El Salvador (Acceso Oferta), assists farmers by providing them with essential skills training in good agricultural practices, access to affordable working capital, quality seeds and fertilizers, as well as ensuring their produce is purchased at favorable prices.
Acceso Oferta recently entered into a new partnership with the Multilateral Investment Fund, a member of the Inter-American Development Bank Group (IDB), which is providing $940,000 to strengthen this social enterprise, along with two other established supply chain enterprises run by CGEP in Colombia.
“Today, President Clinton and the IDB met with some of the smallholder farmers and families whose livelihoods have significantly improved thanks to this innovative supply chain model,” said Mark Gunton, Chief Executive Officer of the Clinton Giustra Enterprise Partnership. “These farmers and their families have access to essential skills training and farming inputs that will help them improve their productivity, the quality of their products, and their yields. In addition, we link them to new formal markets, such as Super Selectos – one of El Salvador’s largest supermarket chains – which further improves their incomes. Our supply chain model has been replicated throughout Latin America and the Caribbean to alleviate poverty by bridging gaps in agro- supply chains, removing barriers typically faced by smallholder farmers, and linking them to new markets – all in an effort to give them the tools they need to improve their lives and the lives of their family.
The Multilateral Investment Fund’s expertise in working with agricultural value chains and enterprise development in Latin America will support CGEP in accelerating their social impact. Together, these enterprises will benefit more than 2,800 smallholder farmers. In addition, these enterprises will aim to reconfigure local agricultural supply chains by simultaneously reorienting buyer demand towards local producers, increase farm productivity and yields through technical assistance, and integrated overall supply chain logistics.
“The MIF is partnering with CGEP to develop and scale impact enterprise models.by helping small firms and farmers build their capacities as producers, suppliers, and distributers,” said Elizabeth Boggs Davidsen, Team Leader, “Impact Enterprises: Supporting Local Agricultural Value Chains in Colombia and El Salvador” Inter-American Development Bank Group.