This is why many microfinance institutions (MFIs) thought of offering health-insurance. They have a large pool of borrowers who could be offered insurance products. And because catastrophic health problems sometimes drive the otherwise highly compliant microcredit clients into default, health insurance for them would be a little bit of insurance for the MFI as well. Moreover, it would be easy to collect premiums from the clients, since loan officers already meet with them every week—in effect, they could just fold the premium into the loan.
