IPE Global | News | November 09, 2022 IST
Caspian Debt and SAMRIDH Healthcare Blended Finance Facility have joined hands to offer loans to impact-led healthcare enterprises using an outcome-based payment model called “Social Success Note.” Through this financing initiative, over USD 4 million will be mobilised towards scaling up 15+ high impact health solutions, targeting to improve healthcare services for vulnerable communities in India.
Impact-led health enterprises and innovations invariably struggle to build commercially viable business models to scale and sustain the impact of solutions over the long term. This is due to various challenges, including difficult areas of operation, low profit margins, poor market access, and most importantly, inadequate access to affordable capital. As a result, these enterprises raise capital through excessive equity dilution or rely on grants which are short-term and not steady sources of funding.