Medical Credit Fund (MCF)

This project is strengthening the supply side of Nigeria’s health delivery structure through the provision of medical credits (loans) to hospitals, pharmacies and laboratories to improve their services. The main objective of the project is to prepare facilities and pharmacy outlets to be bankable, and create access to loans for the improvement of their businesses. SFH is partnering with PharmAccess Foundation (PAF) for this project. This partnership was borne out of the successes recorded under the Medical Credit Fund (MCF) stream of the African Health Markets for Equity (AHME) project where SFH provided medical loans to franchised facilities as well as Pharmacies and Laboratories in and around our Network sites. Following this success, PAF agreed to work with SFH by supporting about 3-5 Business Analysts to work on the project across the country. Between June and December 2017, a total of 85 Business processes were approved. From these, a total of 41 Loans were disbursed worth N102, 305,000.