Project detail - STICHTING MEDICAL CREDIT FUND

STICHTING MEDICAL CREDIT FUND

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Who is our client

Stichting Medical Credit Fund as fund manager of Medical Credit Fund Coöperatief U.A. (MCF), a Dutch entity affiliated with the PharmAccess Group, a Dutch NGO with a focus on making inclusive health markets work in sub-Saharan Africa.

Funding objective

MCF will set up a Technical Assistance (TA) Facility to expand its reach and impact by developing a new digital product, contribute to strengthening the health ecosystem in Sub-Saharan Africa and improve the business and quality performance of health SMEs.

Why we fund this project

MCF focuses on health SMEs and combines innovative financing solutions with technical assistance and training on business and quality improvement, which is crucial in the current circumstances.

Environmental and social rationale

N/A

Region
Africa
Country
Africa
Sector
Financial Institutions
Signing date
6/14/2022
Total FMO financing
EUR 0.16 MLN
Fund
MASSIF
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)