How 4G Capital grew from a market stall to over 600,000 customers across Africa
- Wayne Hennessy-Barrett established 4G Capital after recognizing the financing struggles of micro and small enterprises in Kenya.
- 4G Capital has deployed $620 million in working capital loans to over 600,000 small businesses across Kenya and Uganda.
- The company disbursed $220 million in loans last year and is projected to reach $350 million this year.
4G Capital's model of combining financial support with business education is a promising approach to empower small enterprises in Africa. Their focus on understanding customer needs and maintaining low default rates highlights the importance of responsible lending practices. As they expand, it will be crucial to maintain their customer-centric approach to ensure sustainable growth.
