MYC4 and Kiva - microfinance institutions

Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other branches. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient. (Wikipedia)

Kiva is a 501 non-profit organization that allows people to lend money via the Internet to low-income entrepreneurs and students in 77 countries. Kiva's mission is "to expand financial access to help underserved communities thrive." (Wikipedia)

MYC4 was an internet marketplace where you and investors from around the world can lend money directly to entrepreneurs who are doing business in Africa and create growth together with them. That means when the African business makes money as a result of your loan, you can also make money. (Crunchbase)

The MYC4 platform has been closed as of June 1st 2019 and will not be reopened. (Wikipedia)