Kreyol Essence is a skincare brand based in Miami, using Haitian castor oil as its key ingredient.
Kreyol Essence is a nonprofit organization that grows, harvests, and processes black castor beans in Haiti for communities in need. The company employs about 300 farmers and women who live in Haiti’s poorest areas.
Products made by the company are organic and ethically produced.
|Full Name||Kreyol Essence|
|Brand based on||Skincare brand|
|No of Employees||300 farmers and women|
|Official Amazon Store||Kreyol Essence|
|Kreyol Essence net worth||$3 Million (Last Updated 2022)|
Kreyol Essence net worth
The company’s sales reached $327,000 in 2017 and $1 million a year later. In 2021, Kreyol Essence’s net sales exceeded $3 million. This year’s (2022) net worth has yet to be revealed.
Kreyol Essence Founder
Yve-Car Momperousse is the founder and CEO of Kreyòl Essence. She is a Haitian native with excellent credentials.
As a director and social activist, Momperousse has held multiple posts. Before she launched Kreyol Essence, one of the major political parties in Pennsylvania elected her to its state committee.
What inspired Kreyol Essence?
Yve-Car Momperousse was inspired to start her company after the catastrophic earthquake that struck Haiti in 2010. She learned from her mother how important jobs are to her countrymen now more than ever since they cannot survive solely by receiving donations.
Momperousse founded a company using Haitian black castor oil to assist Haitian farmers.
Kreyol Essence Shark Tank deal (What happened after shark tank deal?)
Shark Tank provided a deal for the Kreyol Essence founders. Shark Kevin O’Leary offered them $400,000 for 5% equity and 25 cents royalty per item; an offer that they accepted.
Immediately after the Shark Tank episode aired, all Kreyol Essence products were sold out on Amazon.
Kreyol Essence continues to grow with millions of sales. Currently, the company is growing in the Caribbean and selling directly to consumers. Momperousse’s vision of uplifting her community is fulfilled by Kreyol Essence, which helps Haitian farmers and employs a lot of Haitians.