1. Peel and finely slice the shallots.
2. Drain and cut the yellow bell peppers into thin strips.
3. Heat a drizzle of olive oil in a saucepan.
4. Sauté the shallots for 1 minute.
5. Add the grated carrots and sliced bell peppers, and cook for 5 minutes, stirring well.
6. Mix cornstarch, cumin, salt, and pepper in a bowl.
7. Gradually add water while stirring well.
8. Pour the mixture into the saucepan and cook until the mixture thickens.
9. Place the rillettes in a clean glass jar and let it cool. You can blend the mixture for a smoother texture, if desired.
10. Keep refrigerated until ready to serve.