Haiti: A Case Study in Job Creation and Fighting Poverty

22 November

THE SOCIAL VENTURES FOUNDATION

The Social Ventures Foundation (SVF) is a non-profit which introduces a new paradigm to fighting poverty. This new paradigm is about doing “Business with a Purpose” – employing the poor and creating sustainable, affordable products and services that improves the quality of life for all.

HAITI

Haiti is one of the poorest countries in the Americas. Over 6 million Haitians live below the poverty line, earning less than US$2.41 per day. The country has an unemployment rate over 70%, with over 21% of the population being 15-24 years of age. Moreover, over 58% of all households in Haiti are food insecure and the country loses over US$56 million in GDP annually to vitamin and mineral deficiencies. This has led to high levels of anaemia, afflicting 60% of pregnant women and two-thirds of children under five – 30% of whom are stunted.

V’ICE HAITI

Photo: Tina Floersch

In order to tackle both the country’s health and poverty problems, the SVF launched V’ice Haiti. V’ice provides a range of nutritional products, which provide all local vitamin supplementation needs. It also employs the poor to deliver it.

V’ICE VS. THE SKILLS GAP

The results?

In Autumn 2019, the company have provided 75,000 Haitians with vitamin and protein supplements, as well as jobs for over 50 unemployed youth and mothers.

The company have thought of everything! It’s not just the products that they are delivering, but how they are delivered. Out-of-work male Haitians are employed in manufacturing V’ikes and V’iceBoxes, which deliver V’ice products.

 

29 November 2019
Kazan Declaration: AVAILABLE TO READ
Kazan Declaration: AVAILABLE TO READ

THE SOCIAL VENTURES FOUNDATION The Social Ventures Foundation (SVF) is a non-profit which introduces a new paradigm to fighting poverty. This new paradigm is about doing “Business with a Purpose” – employing the poor and creating sustainable, affordable products and services that improves the quality of life for all. HAITI Haiti is one of the […]

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