Michaelston-y-Fedw Internet CIC (MyFi) is committed to benefiting the local community.
MyFi is set up as a Community Interest Company (CIC), as such any profits made by MyFi will be used to benefit the community.
MyFi aims to be transparent in our dealings and will involve the local community and shareholders in decision making.
MyFi is offering a free internet connection to The Village Hall and to St Michael’s Church, not just for the first 12 months but for the foreseeable future. This is in recognition of the important role they play within our community.
MyFi has a financial responsibility to those who have invested in the company.
We need to make sure that MyFi is in a position to repay these investors in a timely manner.
Once all investors have been repaid in full MyFi will look at measures to benefit the local community.