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 Thriive businesses create new jobs, providing the best way out of poverty; and 3) by creating a culture of business-led community philanthropy. In 2011-2012, 101 small businesses in the Thriive family across our 5 global programs served over 77,000 of the most vulnerable in their communities with donations of job training, products, and services; created 618 new full and part-time jobs, and saw over 52% of fully repaid Thriive businesses voluntarily continue with community charity.
Target demographics: Small businesses, typically with less than 12 employees, in challenged global communities.
Direct beneficiaries per year: 77,000 impoverished recipients received business donations of goods, services, and/or job training over the last 2 years. 101 currently active Thriive small businesses created 501 new full and part-time jobs over the same time period.
Geographic areas served: Vietnam, Kenya, Palestine, and Nicaragua
Programs: At Thriive we inspire a culture of philanthropy in challanged global communities and offer a sustainable way out of poverty by helping to create new jobs. As we help small businesses grow with needed capital, they pay forward this assistance by donating products, services, and job training to the most vulnerable in their communities. The majority of entrepreneurs are so inspired by the impact their gifts have on others that they continue to give, transforming themselves from someone in need to someone whose donations help fortify their community.
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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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