MyC4 - a socially responsible investment?
So far, the long-term investments in Third World countries have been reserved for institutional investors such as Danida. It is the Internet-based investeringspla 
tform MYC4 help to change that. MYC4 was founded by the successful Fyn businessman Mads Kjær. The intention is to give ordinary people in the western world the opportunity to invest directly in companies in 3 world countries. With MYC4 Mads Kjær and his team made it possible for you and me to make direct investments in a Chicken Farm, a supermarket, etc.. in Uganda, home from the sofa (the project has started in Uganda, and is also presented in a number of African countries). And if the company you invest in a success, you get your money back with interest.
With MYC4 please make demands on your investments
This is an exciting opportunity to help entrepreneurs in third world countries. The key is that we dare to make a claim for repayment at the same time that we accept that the project is associated with risks.
I think that's a good, dignified and sustainable way to provide support to third world countries.
Thus a call to learn more about the project at www.MYC4.com
Is the business plan long?
The initiative does away with fear in the Western world by engaging in commercial activities in the Third World. The project will support small and medium enterprises in developing countries and corresponds well to the spirit of microloans. Dewt large Prompt questions will naturally on MyC4's business operates in the long term - ie about the African borrowers can repay the loans?
- Visit MyC4's website - click here
- Visit Middelfart Savings Bank, which is MyC4 partner and how you can support MyC4 project with a deposit account - click here
- Read about social innovation - click here
Popularity: 41% [ ? ]
2 Comments
Leave a Comment
about SocialAnsvarlighed.dk
Good CSR links
Translator
 |  |  |  |  | |||||||||||||||||||||||||||||||||||||||||||
Is even diligent investor MyC4. A really interesting concept. Currently, however, I just "social investor". I just want to see how the recovery rate in the longer term will be - before I throw money into ...
Mark
I agree with the idea of MYC4 break with reluctance to invest in African countries, as one usually does not bring in returns and earnings. However, I think that MYC4 is not clear in their strategy and communications. MYC4 samples currently pulling all of their service - the person who will do the good deed and the person who wants a high return. This gives a confusing profile and unclear communication. Is MYC4 example. in the same category as the Grameen Bank?
I question whether the concept is long lasting, I mean not that you just need to focus on whether there is a refund - which is obviously important to keep investors, but just as much for who will be invested in.
I believe that to ensure a long lasting situation it is important to look at the growing layer during the persons who may receive loans through MYC4 at this time. It would be wise and brave of MYC4 to follow in the footsteps of Grameen Bank and offering loans to people who do not have any startup or existing capital.
I believe this will ensure both the human and financial viability of the project.