4. "Increase stock of peanuts in order to avoid price
fluctuations on peanuts on the marker."
- Need $7,500
-Currently have 0%
-Location: Maissade
-Repayment Term: 12 months
5. Economical Background
•Haiti is a free market economy
•Haiti also has a tariff free trade treaty with
the United States of America
•Is the poorest country in the western
hemisphere
• 80% of the population is living under the
poverty line
•Haiti’s only export partner is the United
States of America
6. Aftermath of the Earthquake
•Two-fifths of all Haitians depend on the
agricultural sector, mainly small-scale
subsistence farming, and remain vulnerable to
damage from frequent natural disasters,
exacerbated by the country's widespread
deforestation.
7. Loans to Reform State
•Haiti suffers from a lack of investment, partly because of
limited infrastructure and a lack of security. In 2005, Haiti
paid its arrears to the World Bank, paving the way for
reengagement with the Bank. Haiti received debt
forgiveness for over $1 billion through the Highly-
Indebted Poor Country initiative in mid-2009.
8. GDP
•GDP Exchange rate is at $7.895 billion
(2012 est.)
•GDP growth rate is at 4.5% (2012 est.)
–Which is much better than the rate was the year
the earthquake took place, -5.4% (2010 est.)
9. Unemployment
•Since a lot of the jobs in Haiti required
agricultural ways of making an income,
many citizens have lost their jobs.
•The unemployment rate for Haiti is at a
staggering 40.6%
10. What is FAM?
Save The Children wanted to establish a program to
contribute to developing the economy in Maissade using
women.
In 1985, they developed this program, but it ended 10
years later.
The women who were involved had created 115 clubs,
each with 10 women before the program ended.
In 1998, they combined the 115 clubs into 10 big
associations, which became FAM.
11. FAM
• Produces peanut butter, chanm chanm,
jelly, jam, AK 100, cassava, ground corn
and beans.
• 85 part time employees and four full time
employees.
• FAM works to incorporate women into the
workforce in Maissade.
12. Goal
• Goal is to help FAM increase its stock by
purchasing 1200 pots of peanuts, which are
used in all of their products except jam and
jelly to avoid scarcity and price fluctuations.
13. Results of Project
• Purchasing the peanuts will add 2 part time
jobs.
• Jobs will be used to distribute FAM'a products
to the local market.
• Be able to meet their demand from the
Bureau of Nutritional Development (BND)
which runs a program designed to feed school
children.
14. • Because peanuts are known for their benefits
in nutrition, through the BND program, 3,500
schoolchildren in Maissade will receive daily
meals with nutritional value. FAM supplies
BND with some of the necessities for their
program.
15. Results Continued
• Will assist the farmers in diversifying their
plantation.
• Thus, farmers will no longer have to cut down
trees for charcoal make a living and support
their families.
16. Call to Action
•
• Microfinance
• What can be achieved
• How you can help
17. Stop By Our Table
When: Monday, April 1st
Time: 11 a.m. - 2 p.m.
Where: Student Center Atrium
What: Bake Sale Fundraiser for
Peanut Farmers!
18. Spaghetti Dinner
-What: A dinner to raise money for the peanut
project in Haiti
-Where: Cortelyou Commons
-When: Friday, May 3rd @ 6 p.m.
-Cost: $25
