Social Business Portfolio
YSB Haiti has a portfolio of 11 social businesses in Haiti, which have received almost $1,5 million in financing from YSB, and a further $300,000 has been mobilized from YSB’s co-financers. These social businesses include:
- “Poulailler de Nicolas (FATEM)”: A chicken farm, generating profits to support local school in a rural area of Mirebalais
- “HAJICA”: A chicken farm, generating profits to support local school in a rural area of Leogane
- “Coopérative de Bel Platon”: A chicken farm, generating profits to support local school in Gonâve Island
- “Etre Ayisyen”: An Entrepreneurial Institute which focuses on teaching entrepreneurial skills to Haitian youth in order to create jobs in the Haitian formal sector
- “Sesa”: A social Business supporting the cultivation of edible jatropha trees to process fruits into biofuel and reduce Haiti’s energy and animal feed import dependence
- “Coopérative de Production de Bellevue la Montagne (CPBM)”: A Bakery producing nutritious breads for the local rural communities and support financially a school in the area
- “Pain O Quotidien”: A Bakery in Saint-Marc producing fortified breads while distributing its products through a network of trained female micro-entrepreneurs
- “DIGO Distribution”: Developing a distribution network for the commercialization of Haitian made domestic cleaning products to create income generating activities for sellers, make hygiene and sanitary solutions accessible and affordable to everyone and reduce solid waste in Haiti
- “Kreyol Essence”: A company that transforms locally made Haitian castor oil – a traditional product of Haiti – into high quality hair and beauty products
- “Palmis Eneji”: A distributor of affordable, safe and clean energy solutions for the people living in Haiti without access to reliable sources of energy to cook and have a sufficient amount of light
- “Snack Fresh Center”: An agro-processing center for the transformation & commercialization of products based on potatoes from the region of Kenscoff to support local farmers and agriculture
YSB Haiti’s major partners include DEG, SAP, PADF and Deutsche Bank.
Social Business Pipeline
YSB Haiti’s Port-au-Prince office continues to receive business plans from all over Haiti; YSB Haiti has however developed a regional hub strategy which supports two local antennas launched in the region in the North (Cap Haitian) and one in the South (Cavaillon). These serve to develop local entrepreneurs in more remote areas and spread the social business concept in the country.
Launch of Haiti Forest Initiative
The Haiti Forest Initiative is a social business ecosystem that is supported by Sir Richard Branson, the Virgin Foundation and the Clinton Foundation. It has a two-fold purpose: to increase tree cover and re-generate the environmental benefits of trees, and to improve the livelihoods of smallholder farmers, who are key to breaking the deforestation cycle, thereby igniting a re-forestation dynamic.