Thursday, Dec 12th
Last update03:17:28 PM GMT
APHFTA has successfully registered a microfinance company fully dedicated to the development of healthcare in Tanzania. ‘We are proud of this new development. The company has already started its operations thought the official launch will be in September, 2013’, said Dr. Samwel Ogillo, APHFTA’s CEO. He further revealed that three APHFTA professional staff and several experienced consultants have been engaged in the development of this company. The team has worked tirelessly for the past six months to ensure that all systems are set and running, complying with all the banking regulations in Tanzania. Afya Microfinance will complement the already very successful and award winning Medical Credit Fund program that is supported by the Medical Credit Fund of the Netherlands, and it will cater for the lower end of the health care market of Tanzania that the MCF has left out, i.e. the smaller healthcare facilities which include the Accredited Drug Dispensing Outlets (ADDOs) and the small dispensaries that require quick small loans for emergency operations.
One more special feature of Afya Microfinance is that it will also provide short term loans to employees of the private healthcare sector. This will in one way or the other motivate employees in the sector and will encourage retention of medical professionals working in the private health sector.
Dr. Ogillo further said, quoting the recently published United Nations Development Programme (UNDP) report on Africa’s economic growth: ‘The inclusion of low-income communities and businesses in economic growth in Africa is essential for this growth to deliver sustainable development and alleviate poverty. Healthcare development is part of this growth. It is time Tanzania should start looking at how the smaller healthcare businesses should be empowered to provide quality sustainable services to their clients. Each of these smaller individual efforts will soon positively transform the health sector in the country for the benefit of the common citizen’.
Several hundreds of dispensaries and ADDOs in Tanzania are already providing services on behalf of the National Health Insurance Fund (NHIF), Social Health Insurance Benefit (SHIB) of NSSF and several private insurance companies, and thus playing a major role in the Universal Healthcare Coverage.
APHFTA has more than 600 member facilities, and is now in a drive to recruit 5,000 ADDOS in its network.