Programs: Caribbean Harvest Foundation
Announced:
December 20, 2012
Category:
Providing Small & Growing Businesses with Access to Financing & Business Services
Fund Amount: $250,000 Grant
Above, Caribbean Harvest's fish hatchery tanks.
The Clinton Bush Haiti Fund granted $250,000 to the World We Want Foundation (3W) to support the Caribbean Harvest Foundation as it constructs and equips a fish processing plant in Croix-des-Bouquets. Caribbean Harvest will sell the fish to local hotels, restaurants, and shops while employing 60 Haitian workers and benefiting more than 350 fish farming families in rural Haiti.
Caribbean Harvest’s hatchery in Croix-des-Bouquets is capable of producing two million young fish (fisherlings) annually, via solar-powered tanks and with a network of 350 self-employed fish producers who benefit from the facility.
Swedish nonprofit 3W is managing the grant, having already helped Caribbean Harvest turn its business into a more sustainable one.
Why We Invested in the Caribbean Harvest Foundation
Clinton Bush Haiti Fund's grant in support of the Caribbean Harvest Foundation reflects our commitment to supporting small businesses and promoting jobs, in this case in areas outside Port-au-Prince.
Transforming Lives and Livelihoods
- Employ 60 Haitian workers and benefit more than 350 fish-farming families in rural Haiti.
- Offer a local alternative to imported seafood for Haitian hotels, restaurants, and shops.
- Fund social programs for impoverished communities around Lake Azuei through Caribbean Harvest’s profits, including clean water and education.
About the Caribbean Harvest Foundation
The Caribbean Harvest Foundation is a Haitian non-profit organization founded in 2005 by agronomist and former Fulbright scholar, Dr. Valentin Abe. The Foundation’s mission is to establish a modern and sustainable fishing industry to provide jobs and a locally-sourced protein for the Haitian people.
About the World We Want Foundation (3W)
The World We Want Foundation (3W) is a Sweden-based non-profit organization established in 2007 by Paul Leander-Engström, founder of Prosperity Capital Management, the world’s largest fund manager of Russian equities, and a member of Root Capital’s Board of Directors. 3W’s mission is to benefit impoverished women and children and to promote environmental responsibility through investments in social entrepreneurs in Haiti, India, and throughout Latin America.
