MYC4

Unverified non-profit organisation

MYC4 is an online marketplace that connects people from all over the world – just like you and me – with African entrepreneurs, who lack capital to develop their businesses.

With the Internet as infrastructure, MYC4 bridges the gap between people with needs and people with means. Investors who have created accounts on the website can choose from a variety of third-world businesses and bid money towards supporting. After the agreement of recipients, the terms are evaluated by third-party financial groups.

In Africa, the business environment is characterised by non-transparency, barriers and unreasonable terms. Therefore MYC4 aims to build a sustainable marketplace by removing barriers, like excessive interest rates and encouraging transparency on all levels.

MYC4’s vision and mission
Our vision is to end poverty through business by ensuring that everyone has the same access to capital and knowledge.
Our mission is to create prosperity for all. Therefore, MYC4 bridges the gap between people with needs and people with means using the internet as infrastructure.

Website

https://www.myc4.com/

Year established

2006

About this organisation

Partnership types

Doing business with the poor

Regions / countries / territories

Africa: Kenya Europe: Denmark

Global issues

Job creation and enterprise development