The World Bank estimates that out-of-pocket payments in sub-Saharan Africa rose from 40 percent of all healthcare payments in 2000 to over 60 percent in 2014. This causes major setbacks for middle income and low income earners whenever they or anyone from their family falls ill.
Pre-approved miro-loans of $10-$25, accessible when one is sick or injured and need to pay for a medical service. The money is sent to them, often in the form of mobile money, so they can immediately seek care. The customer then pays back the loan, plus $5-$8, over a period of four weeks. While they’re paying back the loan they also receive access to telemedicine services and hospital insurance.
Widened access to affordable and quality Healthcare through instant access to money to pay for treatment.