Fusion Capital and MYC4 placed a joint advertisement in the Kenyan newspaper the ‘Daily Nation’ today.
The advertisement tells about one of the unique features of MYC4 – the ability for businesses in Africa to apply for loans directly on the MYC4 website. These applications are passed on to Fusion and other partners who evaluate the businesses and, if approved, upload them to the MYC4 marketplace for funding.
Although the on-line business sign-up feature is currently only launched in Kenya, we have plans to extend it to the other countries where we do business in the future. MYC4 and on-line business sign-up were recently mentioned in the Ugandan Daily Monitor. The article is titled Raising capital for a new business.