Microfinance lender disburses Sh4 billion to SMEs

Kenya-based microfinance venture 4G Capital has lent Sh4.3 billion ($41.69 million) to small and medium enterprises over the past year. FILE PHOTO | NMG

Kenya-based microfinance venture 4G Capital has lent Sh4.3 billion ($41.69 million) to small and medium enterprises over the past year, co-founder and CEO Wayne Hennessy-Barrett, says.

The firm has more than 89 branches across Kenya with more than 80,000 customers, 75 percent of whom are women, and 77 percent from rural areas.

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