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Mads Kjaer

CEO and Co-Founder, MYC4 A/S

Biography

Mads Kjaer, Co-Founder and CEO of MYC4 started MYC4 in 2005 together with Tim Vang. MYC4 is a web 2.0 marketplace and a tool for people to end poverty through business. Prior to this, Mads has been working in Kjaer Group A/S since 1984 for the last 20 years as CEO and from August 2006 as the Chairman. Mads has 25 years market experience from emerging countries and lived in Zimbabwe, Uganda, South Africa and he is the Honorary Consul for Ethiopia in Denmark. Since its launch in October 2007, MYC4 has funded +4,500 African micro and small business with over 7.5million Euro in seven African countries with capital from +14,000 investors from +80 countries globally. The target in 2009 is +20,000 African micro- and small business loans for +35 million Euro in 10 African countries by 50,000 investors globally. See more on www.myc4.com.