http://microfinance.fm/myc4/cautious-with-myc4 Just another WordPress weblog Thu, 24 Mar 2011 07:56:43 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://microfinance.fm/myc4/cautious-with-myc4/comment-page-1#comment-126 daniel wanjohi Sun, 13 Dec 2009 11:38:51 +0000 http://microfinance.fm/?p=553#comment-126 I am writting from nakuru, kenya. The greatest challenge for organisation such as kiva and myc4 is in proper monitoring of MFIs'. The owner of ebony is well known here in nakuru and is very open when he talks about money that he was able to con from the west. Further a simple visit to the main market here in nakuru and by talking to mainly women who sell agricultural produce and took up loans with ebony will really open the eyes of institutions such as kiva and myc4. MFIs' have made and are making a difference in the live of many people all over the world. BUT the continued naivety of of organisation such as kiva and myc4 when it comes to trusting people like james maina of ebony here in nakuru can only spell doom for a very honest cause. I am writting from nakuru, kenya. The greatest challenge for organisation such as kiva and myc4 is in proper monitoring of MFIs’. The owner of ebony is well known here in nakuru and is very open when he talks about money that he was able to con from the west. Further a simple visit to the main market here in nakuru and by talking to mainly women who sell agricultural produce and took up loans with ebony will really open the eyes of institutions such as kiva and myc4.
MFIs’ have made and are making a difference in the live of many people all over the world. BUT the continued naivety of of organisation such as kiva and myc4 when it comes to trusting people like james maina of ebony here in nakuru can only spell doom for a very honest cause.

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