#FITSPAUpdate Our recent #MemberVisit to 4G Capital, one of our Gold members, was an enlightening experience that showcased the company's pioneering spirit in Africa's #digital #lending landscape. We feel honored to have been hosted.
We were joined by 4G Capital's Country Manager, Uganda, Mr. Benjamin Mukasa, and his team, as we delved into the world of 4G-Capital - a #neobank and digital lending company that has been empowering micro and small businesses in East, Central, and South Western Uganda since 2013. Their story is one of vision and commitment, providing instant access to working #capital loans and enterprise training to bridge the #financial #inclusion gap.
During our conversation, we gained insight into their comprehensive solutions, designed to address the unique needs of entrepreneurs. Their #B2B product offering, KUZA, impressed us with its potential to unlock retail potential by providing short-term credit to distributors and retailers. With its groundbreaking approach, KUZA has already made a mark among East African and global distributors.
We also learned about 4G Capital's impactful #partnerships with Ugandan-based multinationals and distributors, aimed at strengthening the #FMCG #supply #chain. Their UPIA product program further reinforces this commitment, promoting financial inclusion and sustainable growth through targeted training and resources.
As we discussed the challenges facing the digital lending industry, including high capital costs and data sharing, FITSPA Uganda reaffirmed its dedication to supporting 4G Capital's resilience, Innovation, and growth through tailored programs, regulatory advocacy, and policy influence.
We look forward to continuing our collaboration, driving growth, empowerment, and financial inclusion in Uganda's digital landscape.