Executive Chairman of Mediheal Group of Hospitals, Salim Hasham (L) with MCF Executive Director, Arjan Poels and Director MCF East Africa, Kennedy Okong’o
2018 is ending on a celebratory note for Medical Credit Fund – PharmAccess Group’s non-profit health fund dedicated to health SMEs in Africa – as it issued its 1000th new loan for the year. A new product in particular is responsible for this large number of loans. It’s called Cash Advance and uses the digital revenues of healthcare providers to secure and repay loans.
Mediheal Diagnostic and Fertility Center is one of the health SMEs that have received a Cash Advance loan. The Mediheal hospital group is based in Kenya (Nairobi, Nakuru and Eldoret) and also has an outlet in Rwanda. The facility in Nairobi offers outpatient, IVF and complete diagnostics and has 25 IVF and 12 dialysis beds. Since mid 2017 it has availed of 10 Cash Advances worth almost KES 30 million (USD 292,000). They have been crucial to managing cash flows, especially when insurance payments are delayed. Short term working capital needs have been bridged by Cash Advances, this has included timely salary payments and restocking of the pharmacy.
Speaking at the news of 1000 new loans in 2018, Managing Director of Medical Credit Fund, Arjan Poels said, “I am very proud the MCF team have disbursed 1000 health SME loans this year and been able to assist companies like Mediheal in their working capital needs. Special thanks to Ministry of Foreign Affairs of the Netherlands and our other investors who have made this possible through their continued support.”
Salim Hasham, Executive Chairman said, “Mediheal Group works actively to serve the population with a comprehensive range of healthcare services and its collaboration with Medical Credit Fund’s many services significantly leverages our work. The credit, accreditation, and digital platforms go a long way in our ability to provide more effective care and at a much higher level of quality to our beneficiaries”.
Some of the attractive features of a Cash Advance loan are the ease of access through quick processing times, no requirement for collateral and no fixed monthly installments. In addition, loan repayment is based on revenues generated through the borrower’s e-till and they can choose what percentage of revenue is used to pay back as installments. Finally, MCF loans also have a very high repayment rate (97%) compared with the 89% for general SME loans in Kenya.
Mentoring The Girl Child: Interview With Ebella Whajah Ellis, A Girl Child Advocate
Ebella Whajah Ellis is a Visionary and Founder of Girls With Purpose Foundation – a non-profit organisation focused on helping Ghanaian young girls discover their individual identity, and creative gifts by developing qualities that will help them become leaders and contributing members of society. She describes herself as a Financial Advisor, Girl Child Advocate for Mathematics and Science, Motivation and Mindset Mentor. In this interview with Alaba Ayinuola, Ebella spoke about her strong passion for motivation and at her leisure time mentor and train the youth most especially the girl child on Financial Education and Mindset building. Excerpt.
Alaba: Tell us about your Foundtion, “Girls with Purpose” and the gap its feeling?
Ebella: We are dedicated to providing positive mentorship, community interaction and recreational activities that inspires self-confidence, build self-esteem, friendships, nutritional health and integrity in the hearts of our girls.
The purpose of our foundation is to help young girls discover their individual identity, and creative gifts by developing qualities that will help them become leaders and contributing members of society.
Gaps: We believe lack of rule models and adult influences can negatively impact the self-esteem of young girls. As a result, to help curtail these issues, Girls With Purpose Foundation, was established as a solution to the need for Mentorship among girls in the community and to address the challenges most girls face.
Alaba: How are you funding this initiative?
Ebella: By myself only, from my monthly salary.
Alaba: How does your organisation measure the impact?
Ebella: A lot of mentorship and empowerment programmes are organized in the area of EDUCATION, PERSONAL DEVELOPMENT AND ENTREPRENURSIP. We have mentored over thousand young women, who gives us positive feedbacks.
Our organization also tackles inequality by supporting women and young girls to go to school and succeed, and empowering them to step up as leaders of change. We have donated over 500 educational items (Pens, Pencils, Erasers, Sharpeners, Mathematical sets etc) to final year basic students sitting for their final examination in the Northern part of Ghana. This was greatly appreciated by the students since most of them couldn’t afford it.
Alaba: What are the challenges and how are you overcoming them?
Ebella: The biggest challenge is lack of funds, since the only resort is my salary. Getting sponsorship and support for our projects is very difficult. For instance, this year we were looking to reach as many girls as possible through operation “SAVE OUR GIRLS OUTREACH(SOGO)” Programme, but only about three hundred school girls (between ages 9 to 15years) have been reached. We want to be able to reach out to many girls as much as possible but not only those in the cities but rural and deprived areas as well. We really need help as much as possible so no girl is left out, whether far or near.
Alaba: What inspires you and keeps you going?
Ebella: The fact that I know that someone has learnt from me positivity, skill sets that will influence them in a good way, create strong self –esteem and build their future.
Alaba: What advice would you give to potential social entrepreneurs who intend to start an initiative or invest in Africa.
Ebella: Your limitation- Its only your imagination. Anyone can go as humanly far as they want in life.
Social Entrepreneurs play crucial roles in development projects, often mobilizing, organizing and building projects that otherwise would never have launched. I would encourage potentials to join the cause of motivating, inspiring, empowering, educating, training etc
Be the change you want to see in the world.
Alaba: What’s the Future for Girls With purpose and what steps are you taking in achieving them?
Ebella: Girls With Purpose(GWP) will be the most preferred go to hub for passionate devotion in mentoring the girl child/ young women to find purpose in life, standout and succeed.
We are keeping an active social media account, since due to the wide spread of technology and digitalization many more girls can be reached and will enable them reach us with very pressing needs and issues. We don’t want them to feel lonely but have someone to discuss and find solutions to their problems. This will intend require donations, volunteering and other forms of support from companies and individuals in positions to assist.
We will also be travelling to places especially rural areas who will need a lot of our support. We need to encourage girls in such remote areas to aim high and that they have potential and can make it.
Alaba: How do you relax and what books do you read?
Ebella: I relax by keeping my phones away from me and working out in the gym relaxes me. The last book I read is THE BOLD NEW NORMAL by Lucy Quist So I would say I read a lot more inspirational books.
Alaba: Teach us one of your home language. Whats your favorite local dish and holiday spot in Africa
Ebella: Akwaaba- meaning you are welcome! My favorite local dish is Fufu and Palmnut Soup. And Aqua- Safari in Ada is my favorite holiday spot in Africa.
Her short Bio:
Ramat Ebella Whajah Ellis is a Seasoned Banker with a considerable level of experience in Banking. She has such experience in Cash Management, Branch Operations, Sales and Marketing, Business Advisory, Relationship Management, Team lead, Customer Service, Credit and Risk Analysis etc. She is currently a Branch Manager in one of the Banks in Ghana
She holds a Bachelor of Science Degree in Mathematics and a Master’s Degree in Finance as well as Charter/Professional Qualification in Financial Planning.
She is the Visionary and Founder of Girls With Purpose Foundation. She has a strong passion for motivation and at her leisure time, she like to mentor and train the youth on Financial Education and Mindset building.
In short, she describes herself as a Financial Advisor, Girl Child Advocate for Mathematics and Science, Motivation and Mindset Mentor. Research, reading, travelling with my family and offering support where she can be, are what she does in her spare time
She does live by the saying “YES YOU CAN!”
A Pyramid Approach To Solving Lagos’ Waste Challenge
To solve Lagos’ waste challenge, Sahara Foundation has engaged key leaders, religious authorities and government representatives in each community, sensitising them on the urgent importance of proper waste disposal. They are in turn expected to spread the education to the rest of their communities, writes Solomon Elusoji
On a recent damp Thursday morning, elite residents of Ijora-Oloye, a slum community around west Africa’s busiest port in Lagos, converged on their town hall to talk about waste management. The community, with its network of weather-beaten roads and low, ramshackle houses was riddled with filth. Residents said the Lagos Waste Management Authority (LAWMA) and its retinue of trucks do not come into the community to collect waste, so they resorted to piling up rubbish in gutters, verandas and a nearby underbridge. This is a fairly common problem in Lagos; in 2017, a hiccup in the state’s waste management operations resulted into thousands of Lagosians dumping their waste on the streets, blocking major roads and polluting the air with repulsive smells.
The convener of the Ijora-Oloye meeting was Sahara Foundation, the CSR arm of Sahara Group, an energy conglomerate with business interest across 38 countries. The foundation said it is invested in, among other things, the environment and sustainable development, and wants to turn the community into a recycling hub. “We have an office here (Ijora-Oloye),” Director for Governance and Sustainability at Sahara Group, Pearl Uzokwe, said, “and we’ve looked around and realised there is a waste management problem”.
Dar stages charity walk for safe delivery
THE Amref Health Africa partnered with the Azania Bank Limited (ABL) over the weekend in Dar es Salaam for a charity walk aimed at deployment of more midwives to assist for Safe Delivery.
Dubbed ‘Stand Up for African Mothers’, the event was graced by the Minister for Health, Community Development, Gender, Elderly and Children Ummy Mwalimu, who represented Vice President Samia Hassan on the day.
Addressing participants at the event, Amref Health Africa Tanzania Country Director Florence Temu said this year’s campaign was specifically conducted to raise awareness to the members of the public about the importance of having skilled midwives to assist in the safe delivery of pregnant mothers.
“Our main goal is to raise 1bn/- for the period of three years beginning this year which will be used to make sure that enough midwives are deployed in various health centers countrywide who will be tasked to facilitate safe delivery of pregnant mothers before and after giving birth,” she said.
She added that midwives play a key role in providing quality health care services hence called upon stakeholders both public , private sectors and development partners to continue to contribute towards meeting this goal in order to save lives of mothers and children in different health facilities across the nation.
In his remarks, ABL Managing Director Charles Itembe said the bank will continue to support health sector as part and parcel of fulfilling its corporate social responsibilities.
“Women play a key part in social and economic development that is why we have stepped on board to help in reducing high maternal mortality rates among them,” he said.
He then lauded Amref for being on the front pedal to enhance improvement in critical areas such as health and education.
Article first published on https://www.dailynews.co.tz/news/2019-07-015d19e9e30e269.aspx
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