Rocket Health, Pezesha partner to provide affordable credit to health facilities in Uganda

Rocket Health, a digital health service provider, and Pezesha, a digital finance platform, have partnered to provide flexible and affordable credit to healthcare facilities in Uganda for routine medical inventory supplies.

Under the partnership, Rocket Health will facilitate the sourcing and supply of medicines and medical supplies to serve companies, pharmacies, clinics, hospitals, and research institutions countrywide.  This will be enabled by Rocket Health’s e-commerce platform.

On the other hand, Pezesha will offer flexible and affordable healthcare financing through its embedded finance service.

By collaborating with Rocket Health, pharmacies, chemists, and clinics will have access to on-demand and affordable credit within the healthcare supply chain.

“Rocket Health is delighted to find a trusted partner in Pezesha to solve age-old bottlenecks in the healthcare value chain. This collaboration will drive reliable quality healthcare by enabling a network of health providers with adequate and timely supplies on credit to make an impact in their communities,” Dr Davis Musinguzi, the CEO Rocket Health, said on Tuesday.

Mr Andrew Thiong’o, the Business Development Lead at Pezesha, also hailed the partnership, saying it not only enhances customer retention but also attracts new customers, driving improved customer acquisition for Rocket Health.

 “We are thrilled about our partnership with Rocket Health as it will drive healthcare supply chain optimization and enable access to affordable inventory financing for healthcare institutions that work with Rocket Health,” Thiong’o said.

How to benefit

Interested medical facilities must register on Rocket Health’s online wholesale platform accessible at https://wholesale.rockethealth.africa

Once registered, healthcare facilities can explore and select from the extensive range of pharmaceutical products available, including prescription medicines, Over-The-Counter (OTC) medicines, cosmetics, and more.

Upon checkout of selected items, registered and eligible health facilities can view their credit limit and complete their transaction by accessing an instant credit facility on the platform provided by Pezesha. These items are then packaged and delivered by Rocket Health.

Pezesha owns and operates a digital embedded finance platform that connects capital and other financial services to underserved Small and Medium-Sized businesses (MSMEs) & value chains to empower them with affordable inventory and working capital that create meaningful impact and growth to their businesses.

According to a recent report by  Virginia Economic Development Partnership on healthcare in Africa, healthcare technologies are emerging as a key enabler of care delivery in the East African region, particularly those to improve efficiency and financial sustainability along the healthcare value chain.