A Research Dissertation Submitted in Partial Fulfillment of the Requirements for the
Award of the Degree of Master of Science in Accounting and Finance (MSc-A&F)
of Mzumbe University
The health sector has a critical role to play in contributing to public health outcomes
in developing countries. While acknowledging this role, financial institutions, donors
and governments grapple with a number of key issues in supporting this sector.
These issues include how it is important to support this sector; how to integrate
critical health services, identifying the importance of health sector, and how to
achieve significant scale. Over time, a number of strategies have been developed to
tackle these issues and improve partnerships with the health sector. Lack of finance
has been identified by both private providers and public health practitioners as a
major constraint to the development of the private health sector and its ability to
contribute to positive public health outcomes. This paper seeks to show the roles of
financial institutions in supporting the health sector.
Expanding access to finance is increasingly recognized as a useful tool in working
with the health sector. This study attempted to show the roles of financial institutions
in supporting the health sector in Tanzania. As a researcher it’s obvious and
evidently that current products offered by most financial institutions does not meet
health care providers requirements. Also from the interviews and questionnaires a
number of factors have been identified as to why participation of financial
institutions in supporting this sector is minimal and its growth is low. These include
in access to finance, lack of business plans, improper record keeping, inadequate
education and training, bureaucratic process and lack of collateral. With regard to
BancABC as a case study it’s high time to call for other participants to take part and
cooperate together with government and other stakeholders in order to improve our
health services. By doing so Tanzania’s output will increase and eventually per
capital income.
The researcher really hopes that output from this study shall be of practical use to
BancABC.