Rating: 5 stars 17 reviews
Issues: Human Services, International, Economic Development, Microfinance
Location: PO Box 5339 Ketchum ID 83340 USA
Results: Thriive impacts global communities in 3 ways: 1) with charitable donations of job training, products, and services by Thriive businesses to vulnerable community members; 2) by helping small businesses to create new jobs, providing the best way out of poverty; and 3) by creating a culture of business-led community charity. In 2013-2014, 137 small businesses in the Thriive family across our 5 global programs served over 66,000 of the most vulnerable in their communities with donations of job training, products, and services; created 874 new full and part-time jobs, and saw over 72% of fully repaid Thriive businesses voluntarily continue with community charity.
Target demographics: build prosperity in vulnerable global communities.
Direct beneficiaries per year: 137 Thriive small businesses created nearly 900 jobs and donated job training and products to over 66,000 impoverished individuals.
Geographic areas served: Vietnam, Kenya, Palestine, Nicaragua, and Guatemala
Programs: At Thriive we inspire a culture of giving in challenged developing world communities and offer a sustainable way out of poverty by helping small businesses to create new jobs. As we help small businesses grow with needed capital, they pay forward this assistance by donating an equivalent value of products, services, and job training to the most vulnerable in their communities, helping make them more resilient and self-reliant.
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Thriive's model combines capital, technical assistance, community understanding and network building to grow small businesses, create jobs, improve lives and build new socially responsible business networks. Arthur Schultz's original vision has grown to address an important vacuum in the small and growing business space - the program's ability to scout talent through local partners, continually innovate on delivery of technical assistance and pay attention to the role of women and the environment as they grow is impressive. - Tory Dietel Hopps
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