Rating reports
Key data
| Income | EUR3m (of expenses) |
Output
5,281 loans to small business borrowers
Reports
- Afghan Connection
- Africa Educational Trust
- Africa Now
- African Initiatives
- AfriKids
- Andrew Lees Trust
- BasicNeeds
- Blue Dragon
- Book Aid International
- Build Africa
- Cambodia Trust
- Excellent Development
- Health Unlimited
- Homeless International
- IMPACT Foundation
- International Childcare Trust
- MicroLoan Foundation
- Motivation Charitable Trust
- MSAVLC
- MyC4
- Nepal Leprosy Trust
- Pestalozzi Overseas Childrens Trust
- Prospect Burma
- Pump Aid
- Refugees United
- Riders For Health
- ShelterBoxTrust
- SolarAid
- Survivors Fund
- Target Tubercolosis
- Tools for Self-Reliance
- Tree Aid
- VETAID
- Vision Aid Overseas
- Women and Children First
MYC4 has a team of 30 staff based in Kenya and Denmark. The operation is supported by a Board of Directors who have experience in emerging markets investing and international development.
MYC4 is run for profit and is expected to break even in 2012. The source of revenues is a 6% interest commission on all loans, which corresponds to approx. 3 % of the total loan amount for each borrower. MYC4’s financial projections are rudimentary and assume that on average revenues will equate to 3% of the loan volumes transacted on the platform. MYC4 does not operate with detailed budgeting and is currently managed as a late stage start-up with focus on marketing the business and scaling the African supply chain.
| Key Financials |
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| EUR | 2007 | 2008 | 2009E | 2010E | 2011E |
| Number of users on the platform | 2,500 | 12,657 | 18,000 | 40,000 | 57,000 |
| Channeled capital | 750,000 | 5,650,000 | 6,100,000 | 27,500,000 | 45,000,000 |
| Revenues for MYC4 | 9,000 | 170,000 | 183,000 | 825,000 | 1,350,000 |
| Costs | 381,000 | 2,957,000 | 2,281,000 | 2,000,000 | 1,750,000 |
| Net loss | (372,000) | (2,786,000) | (2,098,000) | (1,175,000) | (400,000) |
| Staff | 9 | 24 | 30 | 30 | 25 |
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