What we are

myELEN.com (my Electronic Loan Exchange Network) is a Czech portal focusing on financing microfinance, cooperative and development projects in developing countries. Via myELEN.com everyone can financially support chosen entrepreneur, a whole group of them or a microfinancial institution and get back the principal together with fixed interest.

What we do

It has been seven years since we started to help place sustainable development finance to developing countries. Whereas in the developed world capital exceeds, two thirds of people live in poverty and without access to financial services. In myELEN.com we thus intend to bridge two worlds: the one where the capital is in surplus with places where the capital is missing. 

How we do it

We follow the seven principles of Social Business, developed by Bangladeshi economist, founder of Grameen Bank and Nobel Prize winner Muhammad Yunus. Our objective is not only profit, i.e. achieve financial and economic sustainability, but also to overcome a specific problem that jeopardizes the entire society or nature.

Why we do it

We believe that supporting proactivity of individuals gives them a lifetime chance.
We believe that prosperity of individuals leads to prosperity of the whole society.
We believe that small amounts can make a big difference.



Juan Martin Espinosa Mendoza is a fresh graduate from the Master Agro-Food Chain, at the École Nationale Supérieure Agronomique de Toulouse (INP-ENSAT). Originally from San Luis Potosi, Mexico; with a professional experience focused in research. Involved in projects such as: assessment of contamination in water and agricultural soils caused by mining activities, environmental impacts of transgenics and the sustainable transition to agroecology in Europe.








Lenka Juvova studied the University of Economics in Prague, the specialization National economy. The theme of her thesis was the economic development of China. She has been working in finance for international companies both in Czech republic and abroad. During her studies she was living in Great Britain, travelled mostly in Europe, later she focused on Spanish speaking part of the world, spent 6 months in Chile and currently she is living in Spain.









Mr. Miroslav Zamecnik’s professional experience encompass the areas of distressed asset resolution, systemic changes in transition economies, trade policy issues, financial sector development, and mergers and acquisitions. Mr. Zamecnik regularly interacted with international institutions such as EU, OECD, IMF and World Bank with respect to enterprise and financial sector reform, health care financing reform, bankruptcy and workout procedures in the Czech Republic. He obtained his graduate degree in commerce from the University of Economics in Prague in 1984. He completed a six-month Pew Fellow Program at the School of Foreign Service, Georgetown University, in 1993. He also received training in bankruptcy and insolvency procedures and financial analysis from the World Bank, and consultants’ training from Arthur D. Little, Inc. Today he has his own consulting business.






Pavel Kohout has worked in financial markets since 1993 at various positions. Professionally he focuses on securities, portfolio management, and investment funds. To some point he is involved in public finance and pension reform. He worked at PPF, at Komero Brokerage House, and at ING Investment Management. He also worked as an external advisor to two Czech Ministers of Finance, Mr. B. Sobotka and Mr. V. Tlusty. He holds a stake in Partners for Life Planning a.s., where he serves as Director for Strategy responsible for product development and training. At Microfinance a.s., he is the Chairman of the Board. He published several books on investing, finance and economics, as well as many articles in leading Czech, Slovak and English newspapers and magazines. His main hobbies include literature, history and creative photography.





 Jan Dostal received his degree in international trade at the University of Economics in Prague. Since 1977 he devoted his            professional carrier to the development of international tourism. He is a founder and a partner of the company H&H Hotels and VIP Club Casino. Currently he resides in Prague. He is divorced and has two children. He speaks English, French and Italian.  








Pavel Hronek is the “spiritual father” of an internet based patient controlled electronic health records database that provides Czechs with a secure access to their health data. The project won international acclaim, receiving numerous awards including the World Summit Award for “The best eContent project” in eHealth applications in 2005. Pavel served as a physician in the largest Czech hospital in Prague, later becoming a successful entrepreneur in the health care business, founding a private clinic specialized at immunity disorders, managing a pharmaceutical company as well as a business importing laboratory equipment. He is married with three children. He is an agile sportsman, plays a guitar with a rock band B.LUES and loves to ride his Harley Davidson in summer.






Tomáš Hes is a Czech development economist. He is focused on microfinance and “ecosystemic finance” (financial models to make a positive change on the society, i.e. development finance crowdfunding) as well as on international agri-food distribution chains that entail sustainability aspects. One of the founders of MyElen charity platform. Currently participates in build-up of retail infrastructure bridging over rural-urban agri-distribution gaps in Mexico and participates in an innovation project with SAP Ariba centered on the innovation of supply chains applied to sustainability. Tomáš is a former professor at the Institute of Tropical AgriSciences at Czech University of Life Science in Prague and Mexican universities of Tecnológico de Monterrey and Chapingo as well as a co-founder of Czech Coalition for Biodiversity Conservation. In the past he worked for Citibank, Société Générale and other corporate organisations. He holds Master (MSc) in Corporate economics from University of Zittau and PhD in Microfinance from the Czech University of Life Sciences. 


Microfinance, a.s. Seifertova 615/65 130 00 Prague 3 Czech Republic

This email address is being protected from spambots. You need JavaScript enabled to view it.  Tel.: +420 212 245 787*

www.myelen.com  www.microfinance.cz

Paypal: This email address is being protected from spambots. You need JavaScript enabled to view it.  

Data box: r42e7km EET: A1675669

Identification number: 278 60 965


* After leaving a message, record your phone number. We will call back. 


The service provider of the portal my Electronic Loan Exchange Network (myELEN.com) is a joint-stock

company Microfinance,a.s. registered at the Czech company register kept  by City court in Prague,

section B, inset 11586.


CZK account for public: 2800379150  Bank: Fio Banka a.s. Bank code: 2010  IBAN: CZ8520100000002800379150  SWIFT: FIOBCZPPXXX

CZK non-public account for suppliers: 2600379148  Bank: Fio Banka a.s.  Bank code: 2010 IBAN: CZ5120100000002600379148  SWIFT: FIOBCZPPXXX

EUR account for public: 2300379162  Bank: Fio Banka a.s. Bank code: 2010 IBAN: CZ2620100000002300379162 SWIFT: FIOBCZPPXXX

USD account for public - Fio Bank: 2500591053  Bank: Fio Banka a.s. Bank code: 2010 IBAN: CZ2020100000002500591053 SWIFT: FIOBCZPPXXX 

 GBP account for public: Bank: Fio Banka a.s. Bank code: 2010 Account No. - GBP: 2300591059 IBAN: CZ6120100000002300591059



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