MCF Africa

completed

The Medical Credit Fund (MCF) is a financing and technical assistance vehicle with a mandate to improve access to quality healthcare for underserved populations in Sub-Saharan Africa. It has successfully served the smaller end of the small and medium enterprise (“SME”) sector, including many first-time borrowers, for the last six years. To date, it has built partnerships with 10 local commercial banks in Kenya, Tanzania, Ghana and Nigeria, and has jointly extended 868 loans to healthcare providers, totaling over US$16.2 million, with MCF itself funding US$7.8 million.MCF has identified an opportunity to scale-up its activities to serve more and larger healthcare SMEs on the continent, including businesses that cater to the health sector as well as health providers. To fund this scale-up and broadening of scope, MCF is raising US$35-40 million in additional financing (the “Project”).