4G Capital Achieves Significant Lending Milestone in Africa
4G Capital, a fintech firm dedicated to assisting small and medium-sized enterprises in Africa, today marked a significant achievement by disbursing over $1 billion in loans to entrepreneurs in Kenya and Uganda.
Since its inception in 2013, 4G Capital has supported around 800,000 clients with over 7.6 million working capital loans. This initiative has empowered business owners with essential financial and operational skills required to cultivate resilient enterprises, boost revenues, and generate employment opportunities within their communities.
This milestone underscores 4G Capital’s commitment to addressing the financing challenges faced by entrepreneurs who often find themselves marginalized by traditional financial systems. By integrating supply chain financing with tailored business training, the organization has enabled countless small businesses to enhance their cash flow, bolster resilience, and unlock avenues for growth.
The foundation of this success lies in 4G Capital’s advanced digital financial infrastructure, which leverages a sophisticated AI-driven lending platform. This technology enables the company to empower its stakeholders through an extensive network of over 1,600 field agents located across 226 branches in Kenya and Uganda.
The company’s data-centric approach to lending evaluates each customer’s business cycle, ensuring that working capital loans are appropriately calibrated while maintaining strong portfolio quality and adhering to responsible lending practices. Currently, 4G Capital boasts an impressive repayment rate of 95%, illustrating how financial inclusion and portfolio performance can coexist harmoniously.
Beyond financing, 4G Capital is committed to creating tangible economic benefits in East Africa through embedded business skills training for its clients. This initiative has played a pivotal role in generating over 1.4 million jobs and contributing more than $3 billion to the economy. Notably, 73% of the clientele comprises women, with a significant portion of customers operating in rural markets where access to conventional financial services is sparse.
As clients establish a reliable repayment history, their eligibility for financing increases in tandem with business growth. On average, customers nearly double their borrowing capacity within 36 months, gain confidence in investing in stocks and business expansion, and experience an annual revenue increase averaging 82%.
Wayne Hennessey Barrett, Founder and Executive Chairman of 4G Capital, highlighted this achievement, attributing the success to the resilience and ambition of their customers, stating that reaching the $1 billion financing milestone reflects the dedication of both their clientele and team.
This announcement coincides with 4G Capital’s ongoing expansion and innovation in digital services. Earlier this year, the firm ranked third among Kenyan fintech and financial services companies in the Financial Times’ “Africa’s Fastest Growing Companies 2026” list.
