Mission: Building prosperity in vulnerable global communities.
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.
What a novel concept! Loans that actually BENEFIT society and individuals! Taking an individual, fostering their drive and creativity, and helping them to be productive citizens. Who then sell their products which create economic growth for them, their towns, and countries. Loans that create social responsibility with the pay it forward component and positive feelings. Thus creating a need for more workers. A very POSITIVE way of doing business. FINALLY!
To me, Thriive encompasses the future of international development. The business loans provided in countries like Vietnam, Nicaragua, Palestine or Kenya help small businesses develop into to medium size businesses, create job- and training opportunities and require forward-paying returns on the loan. So their loans are paid back by recipients to their community - through donation of goods and/or training. A brilliant and unique concept which has helped and touched many already.
I had a wonderful opportunity to spend a few days in Kenya to be a part of the business selection process. It was an extremely good feeling to watch these hard workers in their country get the help they need to thrive in their business and then pay it forward in their communities. This is a great concept that creates jobs and teaches businesses give back in order the help change the world.