Risk sharing is among the measures that were introduced by MYC4 to mitigate risk as the learning curve fast progressed. The risk share agreements are limited to default risk only. The providers commit to pay all amounts due at the time of default including accrued interest and penalties. A default situation on MYC4 is deemed [...]
Posts Tagged ‘Spot Checks’
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 [...]
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