Management Financial Group (MFG) is an international financial institution with a global forward looking ambition.
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One of the pillars in the calendar of TEDx’s independently organized events in Bulgaria – TEDxVitosha, took place on March 9, 2019 at the Ivan Vazov national theater in Sofia. Inspiring speakers from Bulgaria and various corners of the world told their colourful stories and shared with the audience their exclusive ideas of sustainable change on our planet. Some of them were Half-Swiss, half-Swede Anna Jelen, who has been called “time expert” since she was a child, Sri Astari Rasjid, Indonesia’s ambassador to Bulgaria, Macedonia and Albania, child pianists – the Deyan, Kiril and Troyan brothers, visually impaired artists Elena and Pancho Karamanski, culinary architect Sofia Yotova, writer and adventurist Philip Lhamsuren, entrepreneur Shed Simove, the Plachkov circus duo and Kiril Radev, the man who climbed Cherni Vrah without any clothes on.
One of the most active speakers was Denmark’s Tina Klemmensen, an animator and illustrator, who organizes workshops and consultancies for animations using modeling clay all over the word. One of her favourite occupations is to help white-collared professionals in big companies feel like children again by playing with modeling clay on the floor in a bid to rediscover their creativity. She believes that games are a successful approach to build relationships; therefore part of her job is to consult the corporate world on ways to communicate with the rest of the people more efficiently. We supported her lecture through SmartIT, branding special boxes of modeling clay, and part of the content of the rucksacks that TEDxVitosha guests received as a gift. During the lecture, all guests had a chance to make small modeling clay figurines and rediscover their creativity like many other grown-up kids.
In the breaks between the lectures, along with the other partners in the event, SmartIT took care of the visitors’ good mood by giving everyone an opportunity to play various smart table games – domino, sea chess, jenga, wooden and metal puzzles. There was also a mini-table football tournament, where each winner got a chance to take part in a sweepstake and win one of eight mini-football tables. In the end of the day, eight lucky winners and at least 200 other guests of the event took home an attractive smart toy to enjoy in their families’ spare time, reminding them of the great time they had with SmartIT and TEDxVitosha. And many of the guests were able to get to know what the company does and get an insight into the way its employees change the financial industry in Bulgaria and worldwide.
Peer-to-peer investment platforms are an intermediary between lending companies and individuals. Lending companies have the opportunity to provide individuals called investors with already granted loans for external investment. Thus both parties meet their interests – credit companies obtain fresh financing while private investors earn satisfactory return on their available funds. The intermediary platform receives remuneration in the form of a percentage of the investment transaction. The investment model gains thousands of followers worldwide for its easy and adaptive work style, open and clear investment policy.
As we grow and progress together, we follow technology trends and developments. We have our own unit for technological development of software and internal tools. We develop and maintain complex financial systems aiming to respond to diversified business models of the various companies in the holding.
As a group of companies, we aim to streamline the process of providing financial services – from lending to collecting overdue debts. Debt collection is an integral part of the credit process. We approach with responsibility and respect for customers who are in default. The process involves personal contact with the client and provision of an opportunity for repayment while observing good manners and relations.
This market segment is focused on consumer lending through a commercial network of financial centers for issuing loans on spot, by phone, online or through a partner network as well as providing financing for micro and small business entities.
Building a commercial network is based on providing financial solutions for everyone who wants to receive instant funding corresponding to their needs and plans by accessing our products and services in convenient locations, over the phone or online. By offering business loans, we aim to support and develop the potential of small businesses, representing the backbone of every economy. Loan applicants are owners of family companies, entrepreneurs, as well as anyone who represents the micro and small business and needs fast and tailor-made financial solution for its growth.
As a group of companies, we aim at developing and offering financial products and services in line with the global trends of the dynamically developing world. In correspondence to our visions and entrepreneurial spirit, we consider creating financial technologies that benefit people as a part of our DNA code. In this market segment, we operate in the of card and mobile payment types, as well as online lending.
Home Collected Crediting segment lays on the implementation of personal approach by establishing personal relationships with clients, which results in better credit scoring and customer loyalty.
The operating process of this segment includes the identification and training of a large number of socially committed credit officers, called Credit Consultants (CC); reaching out to groups of low income people that are potentially creditworthy; identifying and assessing of customers’ projects and needs in collaboration with CC; finding the proper solution for the customers according to their credit scoring; providing personal assistance and consultancy; and following up on supervision and collection.
In general, Credit Consultants visit current and potential clients for credit consultancy and disbursement as well as for collection of installments.