4G Capital partners Citi to strengthen financial inclusion in Kenya

KENYA – 4G Capital Group Limited, a market player in technology-driven financial inclusion, Citi, U.S. International Development Finance Corporation (DFC) and the Ford Foundation have partnered  to expand financial inclusion through the provision of working capital to support the growth of micro and small enterprises in Kenya. 4G Capital will receive a US$ 2.6 million term loan from Citi that will reach more than 25,000 micro-enterprises. As part of the collaboration, 4G Capital and Citi will work to address the inventory finance needs of last-mile distributors of fast-moving consumer goods…

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