tag:blogger.com,1999:blog-37091906.post375466099304611045..comments2023-10-08T03:05:11.050-05:00Comments on The Benin Epilogue Part I: Africa-Ready for Business: Speaking of Finance for African Enterprises...Beninhttp://www.blogger.com/profile/00587080351614226889noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-37091906.post-52924260733837738812008-01-02T00:44:00.000-05:002008-01-02T00:44:00.000-05:00Dear Friend,I have seen a very good website www.on...Dear Friend,<BR/><BR/>I have seen a very good website www.onlimoney.com and found the recomendation is very fruitful its a fourm on which i can discuss stock and commodities sector.<BR/><BR/>Sign Up today at www.onlimoney.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37091906.post-39678239915416019222007-03-19T12:24:00.000-05:002007-03-19T12:24:00.000-05:00Benin, thank you for posting about us...Kesiwaa, i...Benin, thank you for posting about us...<BR/><BR/>Kesiwaa, it is an interesting point about the interest rate that you raise here!<BR/><BR/>One of the overall purposes of building MyC4 (online investment platform) is to get a self-sustaining community where elements like the interest rate will be decided by market forces >> theoretically, the interest rate can end up being close to nothing if the investors REALLY want to be part of realizing a specific African business!<BR/><BR/>And as Benin writes, if the interest rate is too high for the borrower, he/she simply turns down the offer of the loan.<BR/><BR/>I encourage you to become MyC4-builder if you feel like you have something to offer when we test the platform in a closed environment from May to end 2007. You can read more on our blog; www.c4-world.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37091906.post-34083517550406659642007-03-14T12:35:00.000-05:002007-03-14T12:35:00.000-05:00Kesiwaa:Happy to see you stopped by, I hear they a...Kesiwaa:<BR/><BR/>Happy to see you stopped by, I hear they are taking this concept to your favorite place in the world [thats Ghana right? :) ] too...<BR/><BR/>Thats an interesting point on the interest rates...my thoughts on business microfinance is that as long as the venture or project that its funding really has the demand to justify or necessitate loans, then it makes sense. If for instance the rates end up outweighing the probable returns, then me like you...I'd say its a no no. From what I have read about C4, they seem to be modeled after a "fair enterprise" sort of approach.<BR/><BR/>Sijui:<BR/><BR/>Thank you my friend! Sorry its taken me long to repsond. But I am happy to be noticing your comments apperaing on TBE again!Beninhttps://www.blogger.com/profile/00587080351614226889noreply@blogger.comtag:blogger.com,1999:blog-37091906.post-25127658339663078672007-03-13T22:36:00.000-05:002007-03-13T22:36:00.000-05:00Bravo!A wise man once said"the world is yours" yet...Bravo!<BR/>A wise man once said"the world is yours" yet still, it seems the smartest of professionals of today have not quite grasped its meaning when it comes to private enterprise in Africa. <BR/><BR/>My only concern with the C4 venture is that it will endelibly handicap companies in Africa who even thought meet goals of capital(may have to give back interests double the loans taken out in the first place).<BR/><BR/>But when you mentioned "microfinance" fund my ears were tickled in connection to a grassroots "micro"banking sytem going on in India (that specifically caters to the poor who happen to have business but owe unsurmountable loans).....I'm not saying this applies to your potential clients but, what I like about your "microfinance" approach is that the integrity of the company will remain and be free of the "too many Kings"-syndrom.<BR/><BR/>Looking forward to the May 1st launch...Blessings Benin<BR/><BR/>-KesiwaaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37091906.post-37140118353068133612007-03-13T09:14:00.000-05:002007-03-13T09:14:00.000-05:00super, super, super! much success on this initiati...super, super, super! much success on this initiative!Anonymousnoreply@blogger.com