Fusion Capital Ltd, one of the MYC4 Providers, has made a strategy to prioritise its SME activities such that focus is more on equity than on debt. Fusion therefore decided a couple of months ago to pay out the four outstanding loans on the MYC4 platform to effect a smooth transition (read more about Fusion [...]
Posts Tagged ‘partners’
Update on Fusion Capital
Posted in News from Africa, tagged loan, partners, Kenya, Fusion Capital, Private equity, MYC4, Reuters on October 17, 2011 | 4 Comments »
Portfolio Performance 3rd Quarter 2011
Posted in Investing on MYC4, tagged currency, interest, investments, MYC4, partners, performance, portfolio, return, risk, Shillings on October 5, 2011 | 8 Comments »
Another three months have passed, so here is the quarterly update on the performance of the MYC4 portfolio. Let us start with the good news. Loans disbursed in the last two years by our current providers continue to return more in interest than what is lost in defaults. This portfolio now shows a net return [...]
Introducing a new MYC4 Provider: Tujijenge Uganda
Posted in News from Africa, Investing on MYC4, tagged investments, Uganda, Africa, partners, Loan products, MYC4, Tujijenge, Provider on September 27, 2011 | 6 Comments »
Today we have some exciting news to share: Tujijenge Uganda joins the platform as a new MYC4 Provider. The name may be familiar to some of you; most likely because its sister company, Tujijenge Tanzania, is already operating on the MYC4 platform and has been a Provider since early 2009. Tujijenge Uganda brings something new [...]
Portfolio Performance 2nd Quarter 2011
Posted in Investing on MYC4, tagged bidding, interest, investments, PAR, partners, performance, return on July 6, 2011 | 22 Comments »
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 [...]
Updates from MYC4 Providers
Posted in News from Africa, tagged Africa, Gatsby Microfinance Ltd, Kenya, Micro Africa Ltd, partner processes, partners, Provider Dialogue, Uganda on May 11, 2011 | 1 Comment »
In the Provider Dialogue Forum it’s possible for investors to ask questions directly to the MYC4 loan providers. From time to time, the Providers also post small updates there to keep the investors informed about their daily operations, strategic decisions, and whatever else they feel like sharing. At the moment, you can read about… Gatsby [...]
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 [...]
MYC4 Spot Checks
Posted in News from Africa, tagged Africa, capacity building, partner processes, partners, Spot Checks on February 24, 2011 | 4 Comments »
Spot checks are conducted by MYC4 on the providers twice yearly. The spot check involves a comparison of provider records with data on MYC4, as well as actual visits to sampled clients. The main purposes of the spot checks are: To ascertain that the data as it appears on the MYC4 platform is the same [...]
Portfolio Performance 2010
Posted in News, Uncategorized, tagged Africa, interest, investments, loan, partners, risk on February 5, 2011 | 17 Comments »
For a more recent view of Portfolio Performance, please click here. While investors generally lost money on loans given out in 2007-9, investments made since mid 2009 through our current providers have given investors a small positive return on the average so far. Investing in Africa is still risky though and the results you get [...]
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 [...]
-
Recent Posts
-
Who is talking ?
What is brewing ?
Email updates to me
Categories
Archives
Meta
Tim Vang
Ole Vestergaard
Githa Kurdahl
Titus Kuria
Rasmus Hansen
Louise Ravn Christiansen
Markus Sundell
