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Posts Tagged ‘bidding’

It is no secret that MYC4 investors have been hit hard by currency losses this year. One of our biggest providers, Gatsby Uganda, has decided to act on this fact by introducing new loan products which offer a higher interest rate to investors. Titus Kuria, MYC4′s Credit Operations Manager has worked closely with Gatsby over the [...]

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It is time for the quarterly update on how loans made through MYC4 are doing in terms of repayments, defaults and currency. Follow these links for our previous overviews on Portfolio Performance 2010 and Portfolio Performance 1st Quarter 2011, and read on for an update on the numbers as of June 30th, 2011. Loans from [...]

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Since Makao Mashinani Ltd. (MML) was announced as a new MYC4 Provider in February this year, we have all been waiting in great anticipation for their first loans to open on the MYC4 platform. Our team in Nairobi has been working closely with MML to define their loan product, create their Provider profile, set up [...]

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Bidding is very simple. You find a business you like. You decide how much money you want to invest. You decide how much interest you want. Done. If you are investing small amounts and you are more interested in helping businesses in Africa than making money then that is all you need to know. If you [...]

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