Tanzania Private Health Sector Lending

Health
Written By Cate Urban

An Assessment of Needs, Gaps, and Opportunities

With increasing numbers of Tanzanians turning to the private sector for health care, private providers need financing to grow and improve their services. However, this sector is underfinanced, and banks do not lend to the sector in a significant way, thereby limiting the growth potential of private health care businesses. In 2014, USAID signed a five year Development Credit Authority (DCA) Guarantee with Cooperative Rural Development Bank (CRDB) designed to finance private health facilities, with 50% towards women-owned or operated facilities. To date, the bank has not utilized the facility.

SHOPS Plus is supporting USAID Tanzania’s goals and is helping to address the lack of access to finance by working to strengthen the ability of private health providers to access and use financing. This will contribute to USAID Tanzania’s efforts to stimulate health sector lending by working with CRDB and other financial institutions in the country.

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Source: USAID / SHOPS Plus
Year: 2016

Cate Urban

I founded Urban Web Renovations after 11 years of leading global marketing strategies for nonprofit organizations in Washington, DC. In each position I held, one thing remained the same – my passion for managing web sites and social media accounts for both organizations and major thought leaders.

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