Findings from Microfinance Institutions Offering Health Services to Clients
This study aims to understand MFI practices in Africa, Latin America and South Asia that have integrated health components into their program.
A small, but growing number of MFIs have begun integrating health-related services such as education, clinical care and health financing as a complement to financial products. The study designed and conducted a pilot survey of MFIs currently offering health-related programs in order to better understand the current motivations and practices of MFIs. Findings reveal that MFIs:
- Offer an extensive variety of health products and services to address clients’ health needs;
- Offer health-related services out of concern about clients’ lack of knowledge to prevent and manage common health problems;
- Implement programs on a pilot basis before establishing a formal ongoing set of programs, reflecting the need for evidence to design health programs according to client needs.
The survey data underscores the interest and potential for MFIs to implement a wide range of innovative health interventions across the globe. The study recommends nurturing the growing interest and willingness of MFIs to add health programs to their financial services.
