iGravity Partners with clinicPesa to Revolutionize Healthcare Access in Uganda

We’re excited to announce that clinicPesa is the newest recipient of the Impact-Linked Finance Fund for Eastern and Southern Africa (ILF ESA) Resilience funding window, funded by the Swiss Re Foundation and managed by iGravity. This strategic funding window supports innovative enterprises operating in different sectors such as healthcare, to increase the resilience of underserved communities across Eastern and Southern Africa. 

clinicPesa, based in Kampala, provides uninsured Ugandans . With over 1.2 million registered users and partnerships with 2,612 healthcare facilities, clinicPesa plays a crucial role in improving healthcare access for low-income earners, especially expectant mothers, who struggle to afford essential care. 

Addressing the Healthcare Financing Gap 

Uganda faces significant challenges in healthcare financing, with only 2% of the population covered by health insurance. Many families rely on out-of-pocket payments for medical treatment, which accounts for 38% of total healthcare expenditure, creating a substantial financial burden, particularly for expectant mothers who often forgo necessary prenatal and postnatal care.  

clinicPesa’s platform allows uninsured individuals to save for medical emergencies and access micro-loans to cover healthcare costs. The company partners with over 2,600 healthcare facilities, enabling them to access credit for better quality medical supplies and improving their operational sustainability.  

How ILF ESA Resilience Funding Will Empower clinicPesa 

With the support of the Impact-Linked Finance Fund for Eastern and Southern Africa (ILF ESA), clinicPesa will further expand its operations: 

• Deepening the access to healthcare financing of its user base by significantly scaling its loan portfolio.
• Expanding its network of healthcare facilities from 2,612 to over 10,000 by 2028, reaching 6 million patients.
• Increasing the number of users on its platform from 1.2 million to 6.7 million, significantly enhancing access to healthcare for low-income and uninsured individuals.
• Strengthen its Restock product, allowing healthcare facilities to purchase medical supplies on credit and manage its operations more efficiently, thus strengthening its financial sustainability, and improving its quality of service.

Creating Sustainable Impact in Healthcare 

This funding not only enhances clinicPesa’s growth but also strengthens the overall healthcare ecosystem in Uganda. Through its savings and financing products, clinicPesa empowers uninsured families and mothers-to-be to get financially prepared and afford health and maternal care expenses, thus accessing better quality and timely diagnosis, treatment, and care, ultimately improving health outcomes and increasing their financial resilience against health-related shocks. By creating more reliable revenue streams and improving access and affordability to better quality medical supplies, and the company also improves healthcare facilities’ offering for customers, the quality-of-service provision, and their financial sustainability. 

About the ILF ESA Resilience funding window 

Funded by the Swiss Re Foundation and managed by iGravity, the ILF ESA Resilience funding window is part of the Impact-Linked Finance Fund for Eastern and Southern Africa. It supports for-profit enterprises enabling access to health and natural hazards and climate risk management, with the goal of building resilience among vulnerable populations.