microfinance. medical treatment loan

December 23, 2014

More than credit: Can microfinance also deliver affordable health care?

In Bangladesh, 65 percent of health expenditures are out-of-pocket payments. This lack of funded health care puts considerable pressure on the millions of people with debt from microloans. For many, a health emergency means much more than paying loan installments late; it can mean liquidating business assets that put an end to income-generating activity indefinitely, or going to informal money-lenders who charge exorbitant interest rates