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 [...]
Posts Tagged ‘housing’
3 Shillings to go to the loo! – Decent?
Posted in News from Africa, Uncategorized, tagged Africa, housing, low cost housing, makao mashinani, Nairobi, slum, stanty towns on February 2, 2011 | Leave a Comment »
Late January MYC4 signed the contract with its newest partner, Makao Mashinani, a pioneer in low cost housing in Kenya. Makao Mashinani has a clear vision: “a society where all poor people have acces to decent shelter”. As Aleke Dondo, the companys MD put it: It’s a human right. It doesn’t take long to realize that [...]
2011 – Challenges and Opportunities
Posted in News, tagged Africa, Growth, housing, partners, risk on January 31, 2011 | 2 Comments »
2011 will be a year of challenges and opportunities for MYC4. The three main challenges faced by MYC4 are funding, profitability and risk. In spite of these challenges we also see opportunities for growth, improvement, innovation and impact in 2011. Funding for the rest of 2011, with the current staffing and at [...]
Highlights from Nairobi
Posted in News from Africa, tagged Africa, clinics, housing, Kenya, Opportunity, partners on November 19, 2010 | 1 Comment »
I’m sitting in the Nairobi airport waiting for my flight home. It was a great week and we agreed to move forward with several new partnerships while I was down here. I’ll post more details as the partnerships develop in the coming weeks, but here are a few of the highlights. We signed a cooperation [...]
Visit to Nairobi
Posted in News from Africa, tagged Africa, capacity building, clinics, housing, Kenya, mobile, partners on November 15, 2010 | 1 Comment »
I’m in Nairobi these week meeting with the MYC4 team, our partners here and some potential new partners. Some of the things on my agenda: Plans for 2011. The main theme for 2011 is controlled growth of the portfolio with focus on quality, supply chain projects and few new partners in East Africa. Spot checks. [...]
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