The African Health Fund and Nairobi Women's Hospital--a successful model for improving access to capital for health businesses.
Nairobi Women's Hospital is a private for profit hospital that has been in operation since 2001. Its main target is reaching women and children with affordable high-quality services. Its initial growth plan was stranded by lack of capital. The Africa Health Fund managed by Aureos Capital took a stake in the hospital in December 2009 to provide the needed capital for expansion. The investment has seen the hospital expand rapidly from 57 beds to 226 beds in three campuses. The affiliated nursing school has also opened. Based on its recent successes, NWH is now currently looking at borrowing an additional US$10 million from IFC to expand in the East Africa region.
International Finance Corporation (IFC).
Bernard
B
Olayo
D002202:Capital Financing / Q000458:organization & administration*; D005260:Female; D016304:Hospitals, Private / Q000191:economics* / Q000639:trends; D006801:Humans; D007630:Kenya; D017146:Models, Organizational; D014932:Women's Health Services / Q000191:economics*