Increasing access to finance for small private health providers
In Senegal, banks generally target large and medium companies for loans. In order to meet the borrowing needs of smaller private health providers, SHOPS Plus forged a partnership with the Senegalese affiliate of Société Générale Bank.
The project is working with the bank’s center for small and medium enterprises in Dakar to expand its outreach to enterprises dedicated to health. The center provides training, coaching, and financial services to businesses. It also offers internet-connected, co-working, meeting spaces that help business owners network and gain access to markets, finance, information, and strengthen their business and financial management skills.
To further expand its outreach, SHOPS Plus co-hosted a half-day conference with the bank titled “Health small and medium enterprises: Do you know the services offered for you?” The conference included approximately 25 managers and owners of clinics, pharmacies, medical laboratories, and medical schools.