Tujijenge Uganda has been a MYC4 Provider for two months now. The statistics on the Tujijenge Uganda Provider Profile show that so far 20,179 euro has been disbursed in 28 loans to 22 businesses. So how come some businesses have received more than one loan? Tujijenge Uganda is the first MYC4 Provider to offer group [...]
Posts Tagged ‘Uganda’
One group, three loans?
Posted in Investing on MYC4, tagged Uganda, MYC4, Tujijenge Uganda, group loans, group lending on December 5, 2011 | 1 Comment »
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 [...]
Gatsby Uganda introduces new loan products in response to the sliding shilling
Posted in Investing on MYC4, News from Africa, tagged bidding, borrower, currency, Gatsby, Gatsby Microfinance Ltd, interest, investments, Loan products, return, Shillings, Uganda on September 7, 2011 | 3 Comments »
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 [...]
As the Shillings Slide…
Posted in Investing on MYC4, tagged Ability to repay, currency, East Africa, inflation, interest, investments, Kenya, Shillings, Uganda on August 29, 2011 | 9 Comments »
The East African shilling currencies (Ugandan, Kenyan and Tanzanian) are going through a rough patch, losing value against both the dollar and the euro over the past year. The past couple of months have been especially hard on the Ugandan shilling (UGX), which has depreciated by almost 20 % against the Euro. This means, that [...]
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 [...]
On-line business sign-up
Posted in News from Africa, tagged Africa, borrower, Kenya, loan, Opportunity, Uganda on November 23, 2010 | Leave a Comment »
Fusion Capital and MYC4 placed a joint advertisement in the Kenyan newspaper the ‘Daily Nation’ today. The advertisement tells about one of the unique features of MYC4 – the ability for businesses in Africa to apply for loans directly on the MYC4 website. These applications are passed on to Fusion and other partners who evaluate [...]
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