Thriive Cambodia

Saint 512, Phnom Penh, Khan Chamkarmon, Cambodia

Description

Thriive builds shared prosperity in the developing world by helping small businesses to create jobs and donate basic necessities to their communities.

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 ThriiveCapital system, loans are not repaid in cash, but instead “paid forward” with donations of basic necessities and job training to vulnerable community members.

These businesses have each received up to USD $10,000 capital for equipment to expand their business and create new jobs and social impact. They are also receiving 12-months of training and consulting through a SHE Accelerator Program.

Our key areas of work include:

– The SHE Incubator Program: A 6-month training and mentoring program for women with early-stage and micro-sized informal businesses

– The SHE Accelerator Program: A 5-month training and mentoring program for women with small and growing businesses

– Community Incubator: micro-enterprise training for village based businesses.

– Thriive Cambodia: 0% interest loans up to $10k to scale businesses and create jobs + social impact.

– Ngeay Ngeay: Cambodia’s first open-source business registration & information website (www.ngeayngeay.co)

Our impact:

– Average graduate business increases their monthly revenue by 155%

– 100 women-led businesses are contributing an additional AUD $1 million to Cambodia’s economy every year

– Average graduate business increases household savings by 69%, and decreased debt by 129%

Please feel free to contact us with any queries or questions you may have.

 

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Thriive Cambodia
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