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.