By the raw numbers, TCP Global has been a resounding success...
TCP Global has generated over $1.23 million in loans in the last ten years.
Since 2008 TCP has sent $408K to partners leading to $1.288 M worth of loans and >$144K of partner earnings used.
Globally, the good repayment rate is nearly 99%.
... Since the following chart was prepared, TCP Global has grown from 41 partners in 12 countries to 121 partners in 14 countries.
(Data as of November 2020)
TCP Global uses these repayment statistics and personal stories as measures for success. We considered using measurements developed for major micro-finance institutions, such as GRAMEEN Bank. However, after researching tools, we determined that the time required to train multiple site administrators was prohibitive. Data gathering would put an additional burden on the grassroots partners and the data gathered in any one site would likely not help other sites and would be of limited value to the site where it was collected since each of our sites remains purposely small. While larger institutions could train one person to handle success measures for hundreds of loans per year, TCP Global would have to train fifteen or more program administrators with new sites coming onboard each year.
Program measures become increasingly important the further removed an entity is from direct contact with its beneficiaries. TCP Global elects to let its site administrators devote their time and energy to direct service delivery while we take note of the published results of success measures and program analysis.
To see our latest full report, click here.