4G Capital has surpassed US$1 billion in working capital loans disbursed to small businesses across Kenya and Uganda. Since its launch in 2013, the company says it has supported around 800,000 entrepreneurs through more than 7.6 million working capital loans.
4G Capital combines working capital financing with business skills training and a technology-driven lending platform designed specifically for small businesses. The company says its proprietary AI-powered lending system enables relationship officers to assess businesses based on their trading cycles. This allowes for more tailored loan sizes while maintaining responsible lending practices.
The fintech currently operates through a network of more than 1,600 field agents across 226 branches in Kenya and Uganda.
Women make up a bigger percentage of its customer base as they account for 73% of borrowers. In contrast, more than half of its customers operate in rural marketplaces where access to formal financial services is often limited.
“Reaching the US$1 billion lending milestone is a testament to our amazing customers, their determination, resilience, and ambition,” said Wayne Hennessy-Barrett, Founder and Executive Chairman of 4G Capital.
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