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Posts Tagged ‘slum’

First 3 loans from Makao Mashinani will open for bidding today

Posted in News, News from Africa, tagged , , , , , , , on April 11, 2011 | 5 Comments »

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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“People also want chairs…”

Posted in Borrower Testimonials, News from Africa, tagged , , , , , on April 7, 2011 | Leave a Comment »

On a rainy afternoon in Kampala, I meet with Lwanyaga Haruna by the side of a busy road. His warm smile immediately welcomes me. “Do you want to see the store rooms, the workshop, or my show room?” he asks proudly. He knows that I have come together with a loan officer from Gatsby Microfinance [...]

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3 Shillings to go to the loo! – Decent?

Posted in News from Africa, Uncategorized, tagged , , , , , , 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 [...]

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Makao Mashinani

Posted in News from Africa, tagged , , , , , , , on November 24, 2010 | 4 Comments »

      We recently completed due diligence with K-REP Development Agency and their subsidiary Makao Mashinani  (MML) Limited on a project to fund low-cost housing for people moving out of the slums. The project is together with Akiba Mashinani Trust and Slum Dwellers International. Mads and I recently met with Aleke Dondo, managing director [...]

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