CarePay, a Health payment provider lends US$18.2m to Kenyan private healthcare providers

CarePay lent out US$18.24 million to private healthcare facilities, primarily to finance the purchase of necessary equipment and expansion. Disbursements from the loan facility, which is part of CarePay’s medical credit fund (MCF), increased from around US$456204 per month in the third quarter of 2020 to more than US$3.65 million in the fourth quarter.

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