Farmers' Fund

As you know, Caribbrew's mission focuses heavily on supporting farmers in Haiti. We started by partnering with a few hundred farmers in 2018. Today we work with over 3000 farmers from coffee to cacao, and some other crops. One of the biggest challenges we face throughout the supply chain, from Haiti and even in the U.S. is access to capital. In Haiti, the bank loans have incredibly high interest rate, 24%! It makes it impossible for farmers to make a living or a profit from selling their beans when the cost of their working capital is that high. Where do we come in? We pay a deposit on the coffee before the harvest season starts, i.e. before it even leaves Haiti. This money can be used towards labor to harvest, process, and package the green beans before they are exported. It takes coffee cherries at least 6 months to ripen, then harvested. Our deposit helps farmers to start earning for the hard work they put in the past 6 months. As a small business, it's challenging to always have th