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.
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The TCP Global annual revenue was $23 million in 2026.
Rick Faucett is the Vice President of TCP Global.
40 people are employed at TCP Global.
TCP Global is based in San Diego, California.
The NAICS codes for TCP Global are [44, 44413, 4441, 444].
The SIC codes for TCP Global are [51, 519].