The International Finance Corporation (IFC) is set to make a risk-sharing investment of up to $6.2 million (Sh803.5 million) in Kenyan lender Fourth Generation Capital Limited (4G) to support issuance of loans worth up to $44.4 million (Sh5.8 billion) for micro, small and medium-sized enterprises (MSMEs).
The facility, structured as a financial guarantee, will provide first- and second-loss coverage on a new MSME loan portfolio, with a focus on microenterprises and women-owned businesses.
