A microloan made a macro difference in Damas Louis’s life. The 34-year-old lives in Les Cayes, a town on Haiti’s southern coast. Life is tough here, and most people struggle to survive in a city plagued by poverty, unemployment and lack of infrastructure. Before receiving a loan, Damas scraped together a living by selling snacks and drinks in a tiny shop on an unpaved street.
“I wasn’t able to afford the things my customers wanted to buy, so they would go elsewhere,” he said.
With credit and support from a World Concern microloan, Damas was able to buy a refrigerator and additional inventory to sell, including cosmetic products. His business has nearly quadrupled, from about $24 in sales per day to $93 a day.
Things are definitely improving for Damas, who recently got married and is expecting his first child. He has ambitions to increase his income, eventually renting a larger space closer to a market and expanding his business even further.