At Thrive, we don’t see our clients as refugees and asylum seekers – we see them as Australia’s next entrepreneurs. Because even though they may arrive with just the clothes on their backs, they rarely arrive empty-handed: they bring with them a wealth of experience, skills, innovative ideas and the motivation to build fulfilling lives and livelihoods in a safe country. Thrive will help them realise their dreams by providing small business loans and support that enable them to start and grow successful businesses and become financially independent, while actively contributing to Australia’s economy and community life.

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Thrive announces leadership changes for next phase of growth

Thrive Refugee Enterprise (“Thrive”), a not for profit organisation that provides small loans and business support to refugees, today announced CEO Mahir Momand will be leaving the organisation after helping to establish and grow Thrive over the past two years, and that Leigh Coleman, a veteran of micro-financing, will join Thrive as interim CEO to prepare for its next stage of growth.

Thrive Chairman John Curtis thanked Mahir for his contribution to Thrive, particularly in the critical start-up phase of the organisation, and wished him well for the future.

“Thrive was successfully established in New South Wales and Victoria in 2017 to help refugees start businesses with financing and mentoring support. It has already helped refugees set up over 140 small businesses,” Mr. Curtis said.

“Thrive is currently assisting about 600 refugees in the pre-loan stage and we are now beginning to prepare the organisation to transition to its next stage of growth, and ensure our systems and processes support this next phase. We welcome Leigh to help prepare Thrive for this future growth.”

Mr. Coleman has a wealth of experience both as a founder of small commercial and community businesses, and as an executive of microfinancing organisations. He was previously Founding CEO and Board member of Many Rivers Microfinance, and Asian Regional Director and Board Member of Opportunity International.

Leigh Coleman joined Thrive on January 8, 2019 as Chief Operating Officer and will take up the role of interim CEO on Mahir Momand’s departure at the end of February.

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About Thrive
Thrive is a registered charity with tax deductible status. Thrive has key partnerships with Allianz, AMES (Victoria), Deloitte Consulting, Equifax, Gilbert + Tobin, Korn Ferry, KPMG, LOUD, Newgate Communications, and Westpac. Thrive believes refugees have and will continue to be a vital contributor to Australia’s economic and social growth. Its purpose is to foster this contribution for the benefit of Australia and all Australians. Thrive will support qualified refugees start and expand their own businesses through microfinance business loans and business mentoring.

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