- HUMAN DEVELOPMENT INNOVATION FUND (HDIF)
HDIF is an UK challenge Fund aims at identify and support innovation and market driven solution that has the potential to create social impact in education, health and water sanitation and hygiene across Tanzania.
In 2014 APHFTA won its grant worthy GBP 400,000 for establishment of Afya Microfinance Limited. It is this grant which made AMIF to commerce its operations in the second half of 2015 and expanding the operations to the said regions.
We thank very much HDIF for their support as within eight months of operations beneficiaries of credit facilities from AMIF experience economic and social changes in their life. They are able to offer health care services smoothly at improved quality, can serve more patients, important and basic medicines are always available in their facilities and even their revenue is increasing unlike before.
ADDOs Group loans – provided to smaller ADDOs with no collateral, but using their group as loan guarantee.
Facilities/Equipment loans – software and computer – provided to small and medium sized ADDOs, who would like to automate but cannot afford price of respective equipments. AMIF provides this in terms of equipment and IT software payable in installments for a few number of years
Business Loans – Cash for other business improvements – provided in forms of CASH, to establish health facilities with proven business experience in health sector, good credit history and with good financial and business skills.