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Choice Microfinance Bank in Kenya
Dawnwoods
#1 Posted : Saturday, June 13, 2015 8:31:52 PM
Rank: New-farer

Joined: 5/22/2014
Posts: 56
Choice Microfinance is a new Bank with one Branch already open. Check them out at Choicemfb.com.
They are looking for Investors.

Let me know what you think..
Lolest!
#2 Posted : Saturday, June 13, 2015 8:36:44 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Investors or clients? Some MFI calling itself OJEEP closed unceremoniously this week without notice to its clients
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
murchr
#3 Posted : Saturday, June 13, 2015 9:08:52 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Dawnwoods
#4 Posted : Saturday, June 13, 2015 10:39:37 PM
Rank: New-farer

Joined: 5/22/2014
Posts: 56
OJEEP collapsed? Damn!!!!!
kaka2za
#5 Posted : Sunday, June 14, 2015 12:38:08 AM
Rank: Elder

Joined: 10/3/2008
Posts: 4,058
Location: Gwitu
The Microfinance bubble has burst. Most MFIs are scaling down operations.
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
Boris Boyka
#6 Posted : Sunday, June 14, 2015 6:14:02 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
kaka2za wrote:
The Microfinance bubble has burst. Most MFIs are scaling down operations.

Finance and Microfinance instituitions are just tooo many . Cbk should curb this by doing what they did in raising capital for banks.....These MFI's should merge for effiency or collapse!
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Mainat
#7 Posted : Sunday, June 14, 2015 6:36:42 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Who regulates MF and non-deposit taking Saccos (if such a beast exists?)
Sehemu ndio nyumba
enyands
#8 Posted : Sunday, June 14, 2015 7:09:46 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Tried calling them the other day about joining the company as an investor the phones were not being picked andmy emails kept bouncing back .. they say they target diaspora but I don't see their seriousness . Unless they only want a specific class of Iinvestors . I would be careful with them though ... so many microfinances are fleeing with people's money some tied to strong politicians .
Boris Boyka
#9 Posted : Sunday, June 14, 2015 7:54:37 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
enyands wrote:
Tried calling them the other day about joining the company as an investor the phones were not being picked andmy emails kept bouncing back .. they say they target diaspora but I don't see their seriousness . Unless they only want a specific class of Iinvestors . I would be careful with them though ... so many microfinances are fleeing with people's money some tied to strong politicians .

Underline..DIASPORA...Run run very fast. They know locals demand to see the offices and operations physically...from time to time impromptu visits. Kenyans have discovered diaspora remmittances Are on the rise thus a good idea to fleece them....They will come back in kenya to find nothing.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
enyands
#10 Posted : Sunday, June 14, 2015 8:04:31 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Boris Boyka wrote:
enyands wrote:
Tried calling them the other day about joining the company as an investor the phones were not being picked andmy emails kept bouncing back .. they say they target diaspora but I don't see their seriousness . Unless they only want a specific class of Iinvestors . I would be careful with them though ... so many microfinances are fleeing with people's money some tied to strong politicians .

Underline..DIASPORA...Run run very fast. They know locals demand to see the offices and operations physically...from time to time impromptu visits. Kenyans have discovered diaspora remmittances Are on the rise thus a good idea to fleece them....They will come back in kenya to find nothing.


true but sad .
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