ClinicPesa, helps customers save to finance their medical expenses

ClinicPesa gives customers access to healthcare financing. It ensures that people save and use their savings to obtain affordable healthcare.

“Now, affording healthcare starts with a bit of planning. Because we know that most people we are targeting are low-income earners and wage workers, they can make plans by saving a small amount of money,” Onyancha points out.

The service is currently available to everyone living in Uganda. Salary earners can save money with clinicPesa to pay for their medical expenses.

To register, dial *165*5*4#, go to Mobile Money, select clinicPesa, and enter your mobile money PIN to accept the terms and conditions. After that, the startup will open an account for you.

The company claims using the USSD code helps ease the onboarding journey to a two-step journey.

“In Uganda, smartphone penetration is still very low,” says Onyancha, explaining why the service is only available via USSD. “Internet connectivity is growing, and adoption is just picking up.”

So, if anyone living in Uganda becomes ill, they simply walk to the nearest healthcare facility and pay from their savings. But if they don’t have enough to cover the expenses, clinicPesa provides them with a loan top-up. Customers are eligible for loans up to $1,000 (USh 3.7 million).

The startup claims it uses a machine-learning model to determine how much money you can borrow based on your transactions and savings.

Customers can repay loans in 30 days at a 7% interest rate. But, if they have financial difficulties, the company will extend their payment for another 30 days.

clinicPesa not only provides financing but also healthcare to its customers. You can easily access any of clinicPesa’s healthcare partners if you are ill.

The startup claims to partner with 2,435 medical facilities in Uganda, such as clinics, hospitals, and pharmacies, to serve its customers daily.

Thus, it offers clinicPesa Restock to its partners, giving them access to high-quality medicines at low prices. Customers also benefit from this by paying for their treatment at reasonable costs.

“You know, there are a lot of middlemen in the market who have marked-up prices. So, we offer these healthcare centres the medicines they use to treat our customers at an affordable price,” he clarifies.

To register for clinicPesa Restock, you must first request that your clinicPesa merchant account be activated for the offering.

Restock is a solution for healthcare providers that delivers affordable medical supplies right to their door. Customers who have a clinicPesa merchant account can log in to their account and opt-in to begin placing orders.

Moreover, the Ugandan startup provides clinicPesa MaMa’s to assist mothers before, during, and after delivery. It typically enables expectant mothers to calculate and understand the cost of their delivery.

It matches a pregnant woman to the maternity center of her choice, where she will receive antenatal care and deliver her child(ren).

Based on their preferences, the company calculates how much a pregnant mother requires so that she can begin saving towards it.

Depending on their savings, they can finance all their antenatal visits, delivery, transportation to healthcare facilities, birth preparation kit, and upkeep, including baby food and clothing.

Also, friends and relatives can contribute via gifts to a clinicPesa MaMa’s account.