Thriive is a global nonprofit organization that provides zero interest pay-it-forward loans, business support, and networking opportunities to small and growing businesses in developing countries. All loans are in the form of machinery and equipment, and are repaid by Thriive businesses through the donation of products, services, and/or job training to individuals from vulnerable communities.Thriive is currently operating in Palestine, Nicaragua, Vietnam, Cambodia , Kenya and Guatemala
- Stimulate business growth.
- Create more jobs
- Develop a culture of social responsibilty amongst small and medium sized businesses in developing countries
Building shared prosperity in vulnerable global communities
Thriive creates jobs, lifts people out of poverty, raises standards of living, and promotes greater socioeconomic stability by supporting “missing middle” businesses. This refers to small and medium sized enterprises (SME’s) that are too large for traditional microfinance loans, yet too small to apply for commercial loans.We provide the tools and resources that help businesses grow while generating social and economic impact.
Thriive provides pay-it-forward financing for production equipment to ambitious small business entrepreneurs, helping to expand their businesses and create desperately needed new jobs. Through this Thriive Capital system, loans are not repaid in cash, but instead “paid forward” with donations of basic necessities and job training to vulnerable community members.
Donating chicken to improve nutrition status of children at agape hope children centre
Photo of Shachah water provides water to children homes in his community
Through job training
Springs jubilee college
We do this by blending two important components:
Capital and Compassion.
1. Thriive builds prosperity…
by providing Thriive Capital loans for production equipment to viable small business entrepreneurs (coupled with technical support), helping to create desperately needed new jobs and increased incomes.
2. Thriive pays it forward… with compassion,
the basis for our dynamic ThriiveCapital system. Our equipment loans are repaid (or paid forward) with equivalent donations of job training and basic necessities to community members in need.
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 ongoing donations reduce poverty and fortify their communities. In this way, business
Participation in the Thriive business club
- Regular visits from the Thriive program team to monitor progress of businesses
- Networking and partnerships
- Free technical assistance
- Meaningful charitable repayment as scheduled
July – Marketing the program to potential applicants
August – Call for proposals
September – Receipt of application and initial site visits
October – Finalist interviews