BCtA Membership StatusActive
Providing training and micro-credit to bottom of the pyramid women entrepreneurs in a socially responsible and financially sustainable manner.
Thrive, a microfinance business based in Harare, Zimbabwe believes in lending that leads to economic growth for women and girls who would ordinarily fail to access financial services from the mainstream financial sector. Thrive joined Business Call to Action in December 2018 with a commitment that will provide microenterprise loans and borrowing and business management training for 16,500 economically active low-income women and girls by 2021.In Zimbabwe, where 90 percent of the economy is informal, the worsening macroeconomic situation has resulted in an increase in migration to urban areas. This has contributed to a housing shortage and other social problems that compound already limited economic opportunities and access to finance. Thrive microfinance aims to support communities that have been subject to these socio-economic issues by targeting small-scale female traders, such as a home-based manufacturers and small scale farmers, who operate outside of the formal business system. Many of these small business owners are women and girls who are unable to increase revenues or acquire assets due to a lack of financial literacy or access to safe and fair finance options.
03 Dec 2018 - Thrive Microfinance tailors finance products to low income women in Zimbabwe which helps them open and grow businesses, afford safe housing and build their economic independence. Harare, Zimbabwe, 3 December, 2018 -...