4G Capital has disbursed more than $1 billion in loans to entrepreneurs in Kenya and Uganda, underscoring rising demand for working capital among small businesses typically shut out of formal finance.
The Nairobi-based fintech said it has served about 800,000 customers since its 2013 launch, issuing more than 7.6 million short-term loans designed to support inventory purchases and day-to-day operations. The firm focuses on micro and small enterprises, pairing credit with basic business training to improve repayment and growth outcomes.
4G Capital uses a data-driven lending system that evaluates borrowers based on business cycles and cash flow patterns. Loans are distributed through a network of more than 1,600 field agents across 226 branches, blending digital underwriting with on-the-ground customer engagement.
The company reports a repayment rate of 95%, highlighting what it says is a sustainable model for extending credit to higher-risk segments. It estimates its financing has contributed to more than 1.4 million jobs and generated over $3 billion in economic impact across the two markets.
Women make up 73% of its customer base, while more than half of borrowers operate in rural areas where access to banking services remains limited. As clients build credit histories, their borrowing capacity expands, nearly doubling on average within 36 months, according to the firm. Customer revenues have grown by an average of 82% annually.
“Reaching the $1 billion milestone reflects the resilience and ambition of the entrepreneurs we serve,” Founder and Executive Chairman Wayne Hennessy-Barrett said in a statement.
The milestone comes as fintech lenders across Africa scale digital credit offerings to bridge a persistent financing gap for small businesses. 4G Capital was recently ranked among the Financial Times’ Fastest Growing Companies in Africa for 2026, placing third among Kenyan firms in the fintech and financial services category.