May 5, 2019 IBOMLLC Team

4G Capital pitches tend in Kampala looking to fund SMEs

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

If you are the owner of a small and medium enterprise in Uganda struggling to find credit. You should feel relieved knowing that 4G Capital is setting up shop near you; in Kampala to be specific.

4G Capital provides instant loans to SMEs across Africa in its pan-African entrepreneurship empowerment driven. The fund provides qualified SMEs 100% unsecured loans.

Uganda-based entrepreneurs should be looking forward to the establishment of this fund in the capital Kampala. Their counterparts in Kenya received over $21 million funding from 4G Capital, which has since set up 70 branches in the country. Impressively, the fund has managed to sustain a collection rate of over 94.08% collection rate in Kenya.

The fund has also secured a money-lender’s license from the Uganda Microfinance Regulatory Authority (UMRA) and has already started operating in Nakawa and Kalerwe markets in Kampala. 4G Capital is now on a Uganda expansion drive to not just cover wider areas of the capital Kampala, but other cities and towns as well.

4G Capital pitches tend in Kampala looking to fund SMEs
Milicent Atieno

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