Loyal Investment

Michael Edinam Akpakli
UniSurgery (MedLoans)
Referral partner
INSEAD
Traction

Commenced partnership discussions with all three (3) mobile network operators in Ghana (MTN, Vodafone & AirtelTigo) to deliver MedLoans via their platforms (networks).

What is it?
We provide instant medical loans by utilizing a community-based credit scoring model that allows family & friends to guarantee portions of the loan above patients’ credit limits (credit score). Credit scoring for patients & guarantors is based on mobile money & mobile usage data.
Stage
Pilot
Would like mentoring on...

We expect the MedLoans product to gain wide acceptability quickly as we expand in hospitals+pharmacies across Ghana and, thus, risk running short on cash (working capital) to disburse as loans. We would appreciate Loyal’s support to raise sustainability-linked debt financing to enable us support more patients. Our research shows that IFC, and funds managed by Lion’s Head Global Partners, FMO: Dutch Entrepreneurial Development Bank, British International Investment, Mirova SunFunder and Nithio have provided sustainability-linked debt financing on the continent. We would appreciate an intro and support to engage them.

Sector
Fintech/ Insurtech
Not listed
UN SDG(s)
3
None
Where can I learn more?
Learn more here
Country
Ghana
Not listed.
UniSurgery (MedLoans)
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