Medical Credit Fund (MCF) is honored to be among the recognized impact investment firms on this year’s ImpactAssets 50 (IA 50) list. IA 50 includes a range of experienced funds across the globe, spanning diverse issue areas and investments, with demonstrated and compelling social and environmental impact.
For investors, IA 50 provides a useful resource to evaluate sustainable and responsible investing options. It is the 6th consecutive time MCF has been included in the list — a continuing recognition for the organization’s effort to strengthen health SMEs in Africa.
To date, MCF has disbursed over 4,000 loans amounting to USD 72 Million to health entrepreneurs in Africa, allowing them to grow their businesses and improve the quality of care provided. With a 97% repayment rate, the organization demonstrates that the underserved health sector is bankable. To scale and further develop their fastest growing category, the digital loans, MCF is currently raising funds and invites investors to participate.
Arjan Poels, Managing Director of MCF: “Our selection on the ImpactAssets 50 2020 motivates us to further fill the financing gap for African health entrepreneurs and provide an attractive, low-risk opportunity for investors to combine returns with high social impact”
“I’ve to date accessed multiple digital loans. Bank terms are too bureaucratic compared to the ease with which I access the digital loans from MCF’’ – Esther Muthoni, MCF client and owner of Zamzam clinic, Kenya