TCP Global is a registered non-profit with a dual mission. We establish permanent loan pools to provide:
1) affordable loans to impoverished entrepreneurs in perpetuity and
2) a steady revenue stream for grassroots organizations working effectively to serve marginalized communities.
2024 was a record-breaking year, with $414,000 in new funds added to locally-managed loan
pools which supported 9,000 loans to 3,400 borrowers with a total value of $2.2 million. The
value of loans issued in 2024 was nearly five times the value of funds sent because borrowers maintained a 98.88% repayment rate, allowing funds sent in prior years to be reinvested as well.
Partners and VSLAs earned $313,000 and withdrew roughly half of those earnings to use in efforts that benefit their communities in a variety of ways. Once our borrowers are economically secure we consult with them on cost-effective ways to improve their communities with wells, water filters, latrines, etc.
Company Details
- Employees
- 10
- Founded
- 2016
- Address
- Miami, Florida, Us
- Industry
- Non-Profit Organizations
- Website
- https://www.tcpglobal.ngo
- HQ
- Miami, Florida
Tcp Global Questions
Tcp Global's website is https://www.tcpglobal.ngo
Tcp Global's LinkedIn profile is https://www.linkedin.com/company/tcp-global
Tcp Global has
10 employees.
View email and phone details for 10
employees at Tcp Global.
Tcp Global's industry is
Non-profit Organizations
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Tcp Global's categories are Non-profit Organizations
Tcp Global's founding year is 2016
