Overview
4G Capital is Kenya’s award-winning neobank specializing in providing working capital loans and enterprise training to micro and small businesses across East Africa. Founded in 2013, the company operates as a Certified B Corporation, combining financial services with social impact to support sustainable business growth in underserved markets.
The platform serves micro-entrepreneurs, small business owners, market vendors, and informal sector businesses seeking access to formal credit without traditional collateral requirements. 4G Capital targets businesses typically excluded from mainstream banking, offering loans ranging from KES 5,000 to KES 3,000,000. The company uses proprietary machine learning technology for credit assessment and provides enterprise training alongside capital. Users benefit from collateral-free loans, flexible repayment terms, and business development support designed to foster sustainable growth and financial inclusion across Kenya and Uganda.
Key Features
Collateral-Free Loans
Working capital loans from KES 5,000 to KES 3,000,000
Mobile Money Integration
Seamless disbursement and repayment via M-Pesa
Enterprise Training
Free business development and financial literacy programs
AI-Powered Assessment
Machine learning credit scoring without traditional requirements
Flexible Repayment
Daily, weekly, or monthly payment options
Pros & Cons
Advantages
- No collateral or guarantors required
- Fast loan approval (24-48 hours)
- Free enterprise training included
- Mobile money integration for convenience
- B Corp certification ensures social impact
Limitations
- Limited geographical coverage in Kenya
- Aggressive collection practices reported
- Requires consistent business cash flow
- Limited loan amounts for larger businesses
- High interest rates (18% - 36% monthly)
Security Features
Central Bank Licensing: Licensed and regulated by Central Bank of Kenya as Digital Credit Provider
Central Bank Licensing: Licensed and regulated by Central Bank of Kenya as Digital Credit Provider
Data Protection: Compliance with Kenya Data Protection Act and GDPR standards
Secure Mobile Platform: End-to-end encryption for all mobile transactions and communications
Risk Assessment: Proprietary AI algorithms for creditworthiness evaluation without invasive data collection
Pricing & Fees
| Service | Fee | Details |
|---|---|---|
| Loan Application | Free | No charges for applying for business loans |
| Loan Origination | Free | No processing or setup fees |
| Monthly Interest Rate | 6% - 15% | Varies based on business risk assessment |
| Annual Percentage Rate | 18% - 36% | Effective annual rate including all charges |
| Late Payment Fee | 5% | Additional charge for overdue payments |
Getting Started
Detailed Ratings
Final Verdict
4G Capital stands out as a socially responsible lender with strong B Corp credentials and comprehensive business support beyond just capital. The collateral-free model and enterprise training create significant value for micro-businesses. However, high interest rates (18% – 36% APR) make borrowing expensive, though competitive for the informal sector. Excellent choice for small businesses seeking growth capital with mentorship, but borrowers should carefully assess repayment capabilities.