August 25th 2023.
A couple has recently proven that it is possible to get out of $300,000 worth of debt in just three years. Yve-Car Momperousse and Stéphane Jean-Baptist, business owners of Kreyol Essence, went into ABC's Shark Tank with a lot of debt. But, they left the show with a deal from Kevin O’Leary - a lump sum of $400,000, 25 cents in perpetuity and 5% in equity.
Inc. reported that three years after the Shark Tank episode, Kreyol Essence had grown 529%. The business was also listed as No. 44 in "Regionals 2023: Southeast Meet the 200 Companies Making an Outsized Impact in the Southeast."
For Kreyol Essence, it's not just about money. Every purchase made supports their mission to create sustainable jobs, protect and conserve the island's environment, and empower women. Momperousse said, “Women are the backbone of Haiti, and as a Haitian-owned social business, I understand that every social issue starts with financial problems, therefore, we focus on the root to get to the heart of changing lives.”
Kreyol Essence sells products that nourish dry hair and skin. All of their formulations are made from pure and natural ingredients, such as plant-based oils, herbs, and butters - all of which are rich in history, moisture, and efficacy. The brand's pride and joy is the Haitian black castor oil.
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