It’s another beautiful, sunny day in Kenya, one I do not have to spend entirely in the office – yay! I’ve just arrived in Rironi, north-west of Nairobi along with chief operations officer Cyrus and loan officer Peter both from KEEF. It’s only a few minutes’ drive off the main road, but I can already [...]
Posts Tagged ‘Ability to repay’
Meeting borrowers face to face for the first time
Posted in Borrower Testimonials, tagged Ability to repay, Agriculture, borrower, farming, Group Loan, KEEF, M-PESA on March 28, 2012 | Leave a Comment »
As the Shillings Slide…
Posted in Investing on MYC4, tagged Ability to repay, currency, East Africa, inflation, interest, investments, Kenya, Shillings, Uganda on August 29, 2011 | 9 Comments »
The East African shilling currencies (Ugandan, Kenyan and Tanzanian) are going through a rough patch, losing value against both the dollar and the euro over the past year. The past couple of months have been especially hard on the Ugandan shilling (UGX), which has depreciated by almost 20 % against the Euro. This means, that [...]
Susu collectors – an ancient banking system soon ready for MYC4 investors
Posted in News from Africa, tagged Ability to repay, Ghana, investments, Loan products, partners, PRC, Susu on February 25, 2011 | 10 Comments »
If you go to a market in Ghana you can hardly avoid meeting some of the Susu collectors. They have conducted their trade, which originates in Nigeria, for at least three centuries. The concept is not only old, it is also simple and a useful service for small traders. In short it is a system [...]
The ability to repay… part II
Posted in Uncategorized, tagged Ability to repay, APR, Danish Church Aid, MF Transparency on December 2, 2010 | 3 Comments »
Yesterday evening Danish national Television picked up on the Norwegian program and broad casted it in prime time News – watch it here (only in Danish). Ole Dahl Rasmussen, Advisor in Danish Church Aid who works with Microfinance, mentions that he is aware of players in the industry that creates challenges like the ones mentioned [...]
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