Kenyan SME lender 4G Capital says 92% of borrowers repay on time as bad loans rise
- 4G Capital reports a 92% on-time repayment rate among its customers.
- The Central Bank of Kenya reported a gross non-performing loan ratio of 15.5% in February.
- 4G Capital has disbursed $889 million across 6.8 million loans to over 723,000 customers.
4G Capital's approach to lending, which combines personal interaction with technology, appears to be a successful model in a challenging financial environment. This strategy not only fosters trust but also ensures that loans are tailored to the actual needs of businesses, potentially serving as a blueprint for other lenders in similar markets.
