Cheap loans for SMEs in new pactMedical equipment manufacturer GE Healthcare has teamed up with Medical Credit Fund (MCF) to provide small health facilities access to affordable equipment financing.The announcement was made during a recent meeting of radiologists in Nairobi organised by GE Healthcare and the Kenya Association of Radiologists. Under the partnership, PharmAccess Groups’ MCF will provide eligible healthcare providers access to mobile-based lending and business improvement programmes. GE Healthcare will, on the other hand, provide equipment and technical support. This is because of the perceived high investment risk due to lack of banking history and limited collateral,” said GE Healthcare East Africa head Andrew Waititu. “There is a case for innovative financing models and technical support to healthcare SMEs to enable them to grow and improve the quality of healthcare service,” he said.

Source: Standard Digital April 13, 2019 21:04 UTC