Featured photo: Medical Credit Fund, winner of OPIC Impact Award for Access to Finance
A healthcare professional weighs a newborn at the Mission Mbagala clinic on the outskirts of Dar es Salaam, Tanzania. The clinic was the recipient of an affordable loan from Medical Credit Fund, an OPIC-supported project and the recipient of the 2014 OPIC Impact Award for Access to Finance.
Medical Credit Fund is the first lending institution of its kind in Africa, a social investment facility that finances the “missing middle” of the healthcare sector in Sub-Saharan Africa – those clinics that may be too big to access microfinance, but don’t qualify for traditional bank loans. The fund provides loans to small and medium size private sector healthcare facilities that serve low income populations in Tanzania, Ghana, Kenya and Nigeria.