MYC4 nyhedsbrev. Appfrica?? June 29, 2011 by Tim Vang This is truly promissing news… I just read an article in FastCompany about Apple’s future launch of their new iPhone. Hello Tim??? This blog is about business development in Africa, so why are you telling me this… Well, it is correct that the launch of the iPhone 5 in September, which is even faster and with an improved camera, is not of true importance to this space, but here is the interesting piece that I want to share with you; it is predicted that Apple soon will be launching an iPhone Lite! Apple’s BoP strategy with this iPhone version is to skip the expensive and flashy components to keep the price low in order to make the phone affordable to the masses in e.g. Africa. Imagine what it means to Africa when (not if!) Internet connectivity is raising with dramatic speed many places in Africa, which would take the information exchange to the next level.
P.S. Like this: Like Loading... The question is not whether you should be doing business in Africa, but rather how? June 14, 2011 by Tim Vang November last year I wrote a post about an extremely interesting report that portrayed Africa as an interesting business case; ‘Lions on the Move’ (actually one of the most read post here on our blog).
I can only second what I said back then, the McKinsey report is a must-read if you consider doing business in/with Africa. Just recently Ernst & Young published the ‘Africa Attractiveness Survey’; ‘It’s time for Africa’ which very easily can be compared to the McKinsey findings. To me, the two extensive reports are a rather clear sign that the African continent is moving in the right direction… at a blazing speed, that is. The value of McKinsey and Ernst & Young putting such positive words on Africa is simply priceless! Below, I have handpicked some key take aways from the Ernst & Young piece. So where are the ‘less than 5% FDI’ going? FDI can play a critical role in helping to accelerate and sustain growth but FDI also provides a positive ripple effect, including:
What is the Hardest Part about being an Entrepreneur in Africa? Our friends at VC4Africa has launched an interesting poll I want to share with you… Just before I wrote this post, I took the picture above and it clearly states that ‘Hard to access finance’ is the top scorer of the 8 possible answers. This is no surprise to me, so I won’t go down that path…. Instead I want to highlight one of the answers from ‘Other’ (H) which is a vital bottleneck to be addressed in order for Africa to go from ‘one man band’ primarily to also foster SMEs (Small and Mediumsized Enterprises) and this is; ‘Finding the right resources’ (we think that development of SMEs is key!!). Capital is simply not enough, knowledge/skills/competences is of utmost importance in order for the businesses to manage the most important element when dealing with loans; the ability to repay.
The right resources is instrumental for us when working with our Partners too! I encourage you to use your vote on the Twtpoll in order for VC4Africa to get as many answers as possible. Have a great day, Tim. Recoveries on loans from Senegal. It’s been almost one year since Birima in Senegal was suspended as a Provider on the MYC4 platform. Throughout this period we’ve been in dialogue with Birima to get them to honour the guarantee which was made to MYC4 and investors in September 2009 that no loans would default on the platform.
Despite our continuous efforts on the ground, we’ve unfortunately had no news to report to investors on this case – until now. Yesterday, we received a bulk repayment from Birima, and the funds are currently in the process of being distributed equally between the 23 defaulted loans. Although this is great progress, there is still a substantial amount outstanding and our lawyer in Senegal will continue to pursue this case. Like this: Like Loading... Updates from MYC4 Providers. 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 Microfinance Ltd., who has recently taken steps to improve the institution’s image and visibility as well as internal auditing and performance.
Here you will also have a chance to say goodbye to Emmanuel Kimbowa and welcome new CEO Christopher Lumala. Micro Uganda staff during MYC4 training (March 2011) MicroAfrica Ltd., who shares their first e-newsletter and explains a bit about their innovative loan products such as solar energy and water purification systems. Like this: Like Loading... Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile GODSON DOTTO MWETA. – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Nyiramucyo – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Nuwagaba Naris – #africa #microfinance.
Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Naomi – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Mukiza – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile DONATH JOSEPH CHUWA – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Nyirampabwa – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Serapion .M – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile N. Elie – #africa #microfinance.
Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Mutesa – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Parana Enterprise – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Ishema Evariste – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile SHEMA AUGUSTINE – #africa #microfinance. Mobile Web Growth in Africa: Hotter Than the Sahara!: Mobile Technology News « Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Bingwa Services – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Nkajja Peter – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Bivuzimana Ezechiel – #africa #microfinance.
Kalyango Joseph. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Kalule Ronald – #africa #microfinance. These Entrepreneurs need your full attention… NOW!! December 15, 2010 by Tim Vang I want to pick up on my post from Monday, where I briefly touch upon the situation with too little funding for the African businesses on our platform!! With key learning from the past in our luggage, we now have 6 performing Partners that come with Entrepreneurs who seek funding to develop their business, but more importantly; the Partners come with businesses that have been vetted and found eligible for a loan, as there is a plan for how they will repay the loan!!
The four loans in the picture above are all closing today – actually they close in only a few hours (from 2:26pm CET) and if the auction is unchanged, the Entrepreneurs will go empty handed back to their business and have no option to invest in e.g. additional inventory! Kabarira (loan 1) is already fully funded hence needs no additional attention in this post – it is the three other loans that calls for your full attention… NOW. I appreciate your help here, cheers folks! Like this: Like Loading... Makao Mashinani. November 24, 2010 by Steven Thomas Mads Kjær, CEO for MYC4, and Aleke Dondo, MD for MML 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 of K-REP Development Agency and MML, and Golicha Sora, General Manger MML, and shook hands on the successfully completed due diligence.
The houses cost EUR 2-3,000 to build the first two stories which include a kitchen a sitting room a bed room and a toilet. Here are some pictures taken during a recent field visit by MYC4 staff to one of the housing projects. One of the low cost housing projects One of the beneficiaries Typical structures being replaced by new housing Like this: Like Loading... Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Francis Kubai – #africa #microfinance. La Joie Water Company Limited. Cool solutions for Africa… November 16, 2010 by Tim Vang Topic of todays post stood rather clear to me, when I wrote the post about the McKinsey report yesterday. ‘Lions on the Move’ is basically a macro view of the African market growing steadily day by day, becoming an extremely lucrative objective seen from a business perspective. But the macro view on year 2020 can be somewhat hard to relate to, so it would be interesting to know which steps are being taken today… hence todays post lets a little air out of the balloon, focusing on services that serve Africa every single day.
The picture has been borrowed from: I use quite some time weekly, searching for new opportunities for MYC4 (sites, organizations, people, partners, channels, media, etc.) and I often bump into a lot of interesting opportunities. VC4Africa: Amongst other, VC4Africa works to crowd source the due diligence process of entrepreneurs that need funding to start or grow their business. Like this: Like Loading... Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile kasangaki Pataleo – #africa #microfinance. MYC4 nyhedsbrev. Krispy’s Blog vol gevraagde en ongevraagde meningen » BBC World Challenge: Cyber capital #MyC4. World Challenge 2010 Finalist - Cyber capital. Krispy’s Blog vol gevraagde en ongevraagde meningen » 4 afgeloste leningen bij #MyC4. Videos explaining microcredit. By – October 20, 2010Posted in: Crowdfunding, Microfinance What is microcredit (or microfinance)?
Three short videos about the two large microcredit platforms give you an answer to that question! Kiva Kiva (USA) is founded in 2005 and over $165 million has been lent to entrepreneurs in developing countries. And this is how Bill Clinton puts it: “Kiva.org gives you a chance to do what Mohammed Yunus won the Nobel Peace Prize for!” MyC4 MyC4 (Denmark) is founded in 2006 and $17 million has been lent to entrepreneurs through MyC4. Some thoughts on Kiva and MyC4: There is no combination between microcredit and crowdsourcing yet; wouldn’t it be great if you could support entrepreneurs in developing countries in more ways than just with your dollars? About the Author Gijsbert Koren is founder of Smarter money, co-author of the Dutch book Crowdfunding - Het Nieuwe Investeren, co-founder of Douw&Koren Crowdfunding Consultancy. Krispy’s Blog vol gevraagde en ongevraagde meningen » Mooi nieuws van Redeem Medical Services #MyC4.
Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Quick Supermarket – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » Update K&F Trading #MyC4. In maart 2009 heb ik 10 Euro geïnvesteerd in K&F Trading in Tanzania. Inmiddels is de lening volledig terugbetaald. Op de site van MyC4 staat een bericht van de provider over de impact van de lening op de ondernemer, de onderneming en haar persoonlijke situatie: Fromina Gabriel Gakuba runs a spare parts for cars business in the Kariakoo area of Dar Es Salaam.
She obtained a loan of € 6000 in order to go to Japan and buy selected spare parts for her business, hoping that this selection of parts would give her an edge over her competitors. Mooie resultaten, die laten zien dat je met een kleine bijdrage aan een lening een positief effect kan hebben op een bedrijf, het gezin en de ondernemer aan wie je het geld uitleent.
Overigens is er voor MyC4 en de investeerders daar nog wel werk aan de winkel, want de ondernemer wil geen nieuwe lening. Fwd: Du bist eine Entwicklungsbank (via... - krispijn Beek. FriendFeed. Vote for MYC4 in BBC Challenge 2010. World Challenge 10. View Loan: Quick Supermarket | Loans. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Nancy Waithira Gikonyo – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Formula Farm Feeds Limited – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Magutel Creative Ltd – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Sofben Ethicals – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Trafix Catering Services Limited – #africa #microfinance.
Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Times Touch Enterprises Ltd – #africa #microfinance. View Loan: Sofben Ethicals | Loans. View Loan: Samuel Gachirua Mwangi | Loans. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Rodajo Cafe – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 profile Macema Supplies – #africa #microfinance. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 prof. Krispy’s Blog vol gevraagde en ongevraagde meningen » Zien waar andere #MyC4 investeerders in investeren. Users | User Details for Tim Vang | Blog Post: 10 Benefits of a. Opportunities | View Opportunity: Joyce Wamaitha, Kenya. Opportunities | View Opportunity: Bobby Metal Works, Kenya. Opportunities | View Opportunity: Geomar Bureau, Kenya. MyC4 Loan Statistics and Data provided by Wiseclerk.com (Unoffic. MyC4 :: FairSpirit microkrediet.
Microkrediet en de millenniumdoelen september 8th, 2008 | Published in MyC4 In deze film van MyC4 zetten verschillende bedrijfjes die werken met een microkrediet van MyC4 op een rijtje wat hete voor hen betekent. De microkredieten dragen vooral bij aan het millenniumdoel nummer 1: bestrijding van armoede en honger. Maar in het filmpje komen ook enkele bedrijven voorbij die met behulp van een microkrediet aan de andere doelen bijdragen.
Zo is daar de dame die handelt in reserve onderdelen voor auto’s, die zich staande weten houden in een door mannen gedomineerde bedrijfstak (millenniumdoel 3). Video’s van enkele enthousiaste ondernemers met een microkrediet april 11th, 2008 | Published in MyC4 MyC4 heeft enkele video’s van enthousiaste ondernemers in Uganda online geplaatst. Beelden van de MyC4 partners in Ivoorkust. The 10 Green Commandments. Free Riding isn't cool. The Nash Logic of relying on everybody else to do their share is looked down upon during Earthweek. In my role as intellectual middleman, I wanted to guilt you with 10 things you should be doing rather than reading this blog. I would have added an 11th here; you should release less methane. 10 Ways You Can Improve Earth's Health LiveScience Staff LiveScience.com Tue Apr 22, 8:55 AM ET The scientific and political arguments surrounding the health of our planet can make the whole topic seem beyond the grasp of the individual.
How we treat Earth also involves trillions of little decisions by billions of individuals. That in mind, on this Earth Day, LiveScience presents 10 ideas for saving energy and otherwise cutting down on your impact on the planet. 1. While CFLs were harder to find a few years ago, they're now widely available and much more affordable. 2. Nrc.nl - Wetenschap - Zeg me wie ik ben. Loans | View Loan: Armajaro Farmer Shop Enchi. MYC4 Plans to Target New Partners, Mitigate Risk « P2P-Banking.c. In a telephone call MYC4 executive Jes Colding yesterday gave P2P-Banking.com a preview of the future positioning of MYC4. The two main goals are risk mitigation and new provider structure. All new providers will have to take a direct stake in the loans they provide.
They will have to guarantee 20% of the outstanding portfolio. The guarantee can either be provided by a bank deposit or by a bank guarantee. Loans from an already active partner on the MYC4 market place, Fusion Capital, are already covered by a 15% guarantee. The agreements with new partners will also adapt a new fee structure. MYC4 will also shift towards a new kind of partners. SME (small and medium size enterprises)To fund SME loans MYC4 aims to partner with consulting and private equity companies that already work with these clients.
RuralHere MYC4 will have supply chain partners and outgrower schemes. Youth65% of the population in Sub-Saharan Africa are under the age of 25. Forums | Forum Post: Please help us to fund this loan before May. This post is read-only. Please continue the discussions on our blog instead. Karsten Dahl Dittmann Investor Level 10 Please help us to fund this loan before May 5Posted 22.05.2010 23:54 CET | Edited 23.05.2010 00:01 CET I have helping you getting the new loan from Kings and Queens funded. But I have not received the final repayment of the old loan yet. Where is the money? Morten N. Please help us to fund this loan before May 5Posted 05.05.2010 20:29 CET Hi again Right now you have a very long pending time on your loans. Regards Morten Please help us to fund this loan before May 5Posted 30.04.2010 21:34 CET | Edited 30.04.2010 21:37 CET Premier Resource Consulting Provider Level 10 Please help us to fund this loan before May 5Posted 30.04.2010 13:59 CET | Edited 15.04.2014 12:25 CET Dear Investors, We need your help in funding this loan before Wednesday next week.
Kings and Queens is a second time borrower. Since the festival will generally boost sales, it is worth investing here. Yours Sincerely, Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 prof. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 prof. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 prof. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 prof. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 prof. Africa Launch | Investor Intelligence for the Emerging African M. Forums | Forum Post: MYC4 announces improvements to bids and aut. Invest | View Loan: CIS-KAMED Chemist | Loan Details. Invest | View Loan: Paul Mwangi Gachuki 2 | Loan Details. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 prof. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 prof. Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 prof.
Krispy’s Blog vol gevraagde en ongevraagde meningen » #MYC4 prof.