Rating reports
MyC4
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
Outlook
MYC4 was seed funded with c. EUR150000 in January 2006 out of the 2005 profits of Kjaer Group. It has since been funded by a grant from DANIDA, the Danish International Development Agency. EUR3m has been invested in setting up and marketing the platform primarily by companies affiliated with Mads Kjaer and the Kjaer Group.
• In 2008, MYC4 raised EUR2.7m from a narrow outside investor base at a pre-money valuation of EUR10m for the company.
• MYC4 is currently in the process of raising EUR5.3m from outside investors at a pre-money valuation of EUR25m.
• A third round of fundraising is planned for 2010.
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