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About Us

Mission: To build small MFIs into big ones.

We seek to increase the impact and value of small microfinace institutions (MFIs) with great growth potential. We focus on MFIs that are overlooked or undervalued due to their small size and perceived risks relating to transparency, political environment and liquidity. We believe that the greatest opportunties, in terms of both capital appreciation and social impact, exist in tier 2 and tier 3 MFIs. Our investment model demonstrates that the unique challenges of microfinance investments can be addressed with an effective risk management program that leverages technology, insurance and corporate governance.



Team
Kevin Day - President

Kevin Day founded Riskebiz in 1998. An entrepreneur with broad experience in all aspects of starting and building a small business, Kevin also heads the mobile website and Mobile Internet application development team. Kevin has knowledge of running both private and public companies and has been actively involved in private financings as well as taking companies public. Kevin has a degree in Political Science from the University of British Columbia. Mr. Day is also currently serving as Director of the Canadian Captive Insurance Association and Pro-Microfinance International.
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Directors, Advisors and Investment Committee Members
Geoff Day
Retired from the Bank of Montreal in 1991 as Senior Vice-President, Corporate and Government Banking, Western Canada, having served in several management positions in various locations in both national and international operations, since joining the Bank in 1953. Active in community affairs in Vancouver since arriving in that city in 1983, serving as Director of the Vancouver Symphony Orchestra, B.C. Sports Hall of Fame and Museum, Vancouver Art Gallery, Shaughnessy Golf and Country Club and the Forest Alliance of B.C. Also chaired fund-raising committees for the Vancouver General Hospital, Canadian Cancer Society, Science World and the Salvation Army Appeal. Acted as the Financial Agent for the successful M.L.A. of Delta South in the Provincial Elections in 1996 and 2001. Served as Vice-Chairman of the Boundary Bay Airport Advisory Committee, advising the Corporation of Delta on operations and development of the Airport which was purchased from Transport Canada. Geoff completed a four and a half year term as Commissioner and Vice-Chairman of the Fraser River Harbour Commission prior to that becoming the Fraser River Port Authority. Served as Director of Northern Trust Company, Canada, a wholly-owned subsidiary of the Northern Trust Corporation, Chicago. Mr. Day has held executive positions with the Bank of Montreal in the international area resulted in considerable travel globally contacting and negotiating with Governments, Central Banks, major financial institutions and overseeing operations of the Bank's representative offices throughout the world.

Michael O'Brian
Michael O’Brian began his career in the investment business in 1969 as an advisor with Pitfield Mackay Ross (later Dominion Securities). In 1986, he became Director and Vice-President of Canaccord Capital Corporation. In 1991, Michael purchased a controlling interest in C.M. Oliver & Company Limited through PlanVest Capital Corporation (later, C.M. Oliver Inc.), a publicly listed company, in which he was President and controlling shareholder. C.M. Oliver Inc. subsequently became one of Canada’s fastest growing companies, which employed over 700 employees. C.M. Oliver was sold in 1998. Michael is also a director of several publicly trading companies and is active as an advisor to several investment funds.
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Theresa Carbonneau
Theresa Carbonneau has +20 years management experience in international marketing and operations, spent predominantly in the ICT sector. Theresa was the Founder, President and Chief Executive Officer of fSONA Communications Corporation, a manufacturer of free space optical wireless transmission equipment. Prior to founding fSONA in 1997, Ms. Carbonneau held a number of executive positions with telecom carriers in Europe and Canada. She is currently a consultant on a variety of technology related projects. Ms. Carbonneau is a graduate of University College London, England and has a Masters degree from the University of Toronto, Canada.
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Steven Beeghly
Steven Beeghly is a Partner at Montlake Law Group, PLLC. Insurance executive and lawyer. He has executive-level insurance experience from start-up insurance and reinsurance entities. His operational experience includes, including governance, licensure, administration, underwriting, regulatory, reinsurance, market-issues, oversight of accounting and actuarial functions. Steven’s legal skills include servicing clients nationwide, including insurance and reinsurance entities, producers, businesses, groups, and associations often in creation of their own insurance profit center. Steven’s experience includes forming, licensing, operating, and also owning insurance entities.
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Alex Bernhardt
Alex Bernhardt is an Assistant Vice President in Guy Carpenter & Company’s Seattle office. During his tenure with Guy Carpenter, Alex has contributed content to industry publications - including a recent series entitled A Soft Market Solution: MGA’s and Risk Sharing in the Insurance Journal - and has worked on an array of internal initiatives, accounts and lines of business. In particular, he has gained expertise in the following specialized segments of insurance: Program Business, Alternative Risk Transfer, Public Entity Business, Tribal Entity Business, Intellectual Property Insurance and Microinsurance. Alex spearheaded Guy Carpenter’s recent grant writing initiative culminating in the firm’s receipt of a grant from the Microinsurance Innovation Facility - a partnership between the International Labour Organization and the Gates Foundation. This grant has enabled Guy Carpenter to pursue the creation of a multiline global microreinsurance facility. Alex is coordinating all related efforts alongside his Guy Carpenter Micro Risk Solutions group colleagues. Alex also sits on the board of SeattleMicrofinance.org (SeaMo), a nonprofit organization with a significant online presence, a successful event series and an international subscriber base, which is dedicated to connecting the microfinance community in the Pacific Northwest, nationally and abroad. Alex has obtained the designations of Associate of Reinsurance, Associate of Risk Management for Public Entities and Associate of Insurance Services. Alex graduated from the University of Puget Sound in Tacoma, WA with a Bachelors degree in English and Philosophy.
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Arvind Ashta
Arvind Ashta, PhD, holds the Microfinance Chair of the Burgundy School of Business (Groupe ESC Dijon-Bourgogne), France. He is a professor of finance, control and law and is member of its research center CEREN. He offers courses in Microfinance and this is currently his main field of research (regulatory aspects of Microfinance and advanced technology in Microfinance). He has taught Microfinance as visiting faculty in Chicago (US), Pforzheim (Germany) and Brussels (Belgium). He holds a B.A. (Hons) in Economics from St. Stephen's College, Delhi University, a PGDM from IIM Calcutta and a Doctorat in Law from the University of Paris 2 (Panthéon-Assas). He worked 17 years in Corporate Enterprises in India and France in the fields on Management Control and Accounting before entering academics. He has a number of publications in International journals in behavioural finance, corporate social responsibility and in microfinance, notably in the Journal of Economic Issues.
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Steve Guan
Steve Guan is Database Administrator at Disney ABC Television Group. He is an information technology professional with expertise on Oracle Database, Application server, MS SQL Server, Solaris, AIX, Linux, Cisco router and switch, windows. SAN, and StorNext. Steve has a MBA from the University of California, Los Angeles, The Anderson School of Management. He also has a Bachelor of Science degree in Computer Science from Peking University.


Ben Lyon
Ben Lyon is Vice President of Business Development at Kopo Kopo Inc. Ben graduated from Rhodes College with a B.A. in Economics & International Studies. He specializes in microfinance and informal economics and has studied the potential applications of technology in both sectors at length. Benjamin has conducted research in East Timor, Indonesia, Kenya, Sierra Leone, Uganda, Mozambique, and Angola.
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Clint Wilson
Clint Wilson started Cazoomi.com as CxO and Community Ambassador in 2009. Clint holds an aggressively diverse background of more than 20 years experience from start-ups to Fortune 500 companies. Before Clint started Cazoomi.com, he was sought out by top SaaS firms to drive both small and large scale SaaS sales, implementation and support in companies such as, Quantum Route, Aquino Industries, Sererra Consulting, NetSuite and many more. As CxO, at Cazoomi.com, a niche player and leader in the emerging eBusiness Social SaaS MarketPlace space, Clint was responsible for all strategic and operational functions of the company.
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