Access Bank, a leading commercial bank in Nigeria, has partnered with SCIDaR to tackle the financing challenges faced by over 200,000 health-focused Small and Medium Enterprises (SMEs) in Nigeria.
Anchored by the Promoting Accreditation for Community Health Services (PACS) project, the partnership aims to bolster the supply chain, enhance productivity, and fortify the economic resilience of SMEs within the health sector, particularly Community Pharmacists (CPs) and Patent & Proprietary Medicine Vendors (PPMVs) across Nigeria.
SCIDaR will strengthen the capacity of health-focused SMEs to be investment-ready through the provision of technical support services, including entrepreneurship and financial management training, and business development services. Then, Access Bank will offer tailored financial products and empower these businesses to act as bank agents in underserved areas.
This initiative aligns with the government’s vision for a stronger health sector and leverages Access Bank’s ongoing commitment to financial inclusion across Nigeria. By improving access to finance and financial literacy for health SMEs, the partnership aims to strengthen healthcare value chains, boost economic development, and ultimately improve the well-being of Nigerian communities.
