STICHTING MEDICAL CREDIT FUND
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.
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
- Financial Institutions
- Signing date
- Total FMO financing
- EUR 0.16 MLN
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)