Tanzania - Startup under 3 years old
Individual
participation
Kamextra Pharmacy
We are providing pharmaceutical products and cosmetics in retail. We also provide free doctor consultation to all our clients who are either sick or looking to perfect their skin. We bring hope and smile back to our community.
Documents
Kamextra Pharmacy
Describe your project or startup in a few words
We are providing pharmaceutical products and cosmetics in retail. We also provide free doctor consultation to all our clients who are either sick or looking to perfect their skin. We bring hope and smile back to our community.
01.01 Describe your startup in more detail
We are operating a retail pharmacy, selling pharmaceutical products and cosmetics in retail. We add value by providing free doctor consultation thus differentiating ourself from our competitors. We are in the process of establishing a wholesale pharmacy in which it will be operating by 1st July, 2024. We will obtain our first inventory through credit from our supplier whom we have established business relationship since the establishment of our retail pharmacy. Later we will consider selling medical equipment as per the capital will allow. Our business is easily scalable, we are considering to expand to 10 retail pharmacies and at least 2 wholesale pharmacies within next 5 years in which more than 50 people will be employed. Our main source of capital will be grant (like this one we are applying), credit from our suppliers, and fundraising.
01.02 What is the main problem you are trying to solve?
We are solving the crisis of healthcare services access in the community. As a medical doctor, I was receiving high number of clients who are incorrectly managed from pharmacies and drug dispensing outlet. Despite this problem, clients prefer this option because its cheap both in time and financially, but also those who are financially stable avoid visiting hospitals because of the queue as it is time consuming. To solve this I decided to provide free doctor consultation, this proved to be working as it helped to maintain existing clients and gain new one through word of mouth because they receive quality consultation. I have example of 3 female clients who have been suffering Pelvic Inflammatory disease (PID) for more than three years. While visiting me they had no hope of being treated, they just took medication because I insisted that I will treat them. As of now they are all free of PID. this is just one example among several others. They became good ambassadors of our services.
01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).
1. Free doctor consultation: We provide free consultation and advice for the next step that should be taken to any client. We also link them to specialists in case they need one. All for free 2. Free Skincare consultation: For all our clients who are looking to perfect their skin we provide free advise on what option to use depending on the type of their skin. 3. Offering our products at a very cheap price
01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?
Retail target customers 1. Clients of all age and all sex who are not seriously sick to attend hospitals 2. Clients who have visited several facilities and their issues are yet to be solved. 3. Customers who want to perfect their skin by obtaining the right cosmetics Medical equipment target customers 1. Dispensaries and Hospitals Wholesale target customers 1. Retail Pharmacies, drug dispensing outlet, dispensaries and hospitals
01.05 When was your company established?
2023-08-08
01.06 Are you already selling your product/service?
Yes
01.07 How many other owners are there within your startup?
0
01.08 Among the other owners, how many are female?
0
01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)
N/A
01.10 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link(s) here:
01.11 Which industry best describes your project?
f) Healthcare (healthcare equipment and services)
02.01.01 My startup contributes to the No poverty goal
7 - Strongly Agree
02.01.02 No poverty - Justification for my startup
My startup contributes to no poverty indirectly. A healthy community will provide a workforce for the community to fight poverty.
02.02.01 My startup contributes to the Zero hunger goal
1 - Strongly Disagree
02.02.02 Zero hunger - Justification for my startup
Not answered02.03.01 My startup contributes to the Good health and well-being goal
7 - Strongly Agree
02.03.02 Good health and well-being - Justification for my startup
We are retail pharmacy thus we provide our pharmaceutical services to end user in the community and contribute directly to the good health and well being of our community.
02.04.01 My startup contributes to the Quality education goal
1 - Strongly Disagree
02.04.02 Quality education - Justification for my startup
Not answered02.05.01 My startup contributes to the Gender equality goal
1 - Strongly Disagree
02.05.02 Gender equality - Justification for my startup
Not answered02.06.01 My startup contributes to the Clean water and sanitation goal
5
02.06.02 Clean water and sanitation - Justification for my startup
We provide education to our community on the advantage of clean water and sanitation as it contributes directly to their better health.
02.07.01 My startup contributes to the Affordable and clean energy goal
1 - Strongly Disagree
02.07.02 Affordable and clean energy - Justification for my startup
Not answered02.08.01 My startup contributes to the Decent work and economic growth
1 - Strongly Disagree
02.08.02 Decent work and economic growth - Justification for my startup
Not answered02.09.01 My startup contributes to the Industry innovation and infrastructure
1 - Strongly Disagree
02.09.02 Industry innovation and infrastructure - Justification for my startup
Not answered02.10.01 My startup contributes to the Reduced inequalities goal
1 - Strongly Disagree
02.10.02 Reduced inequalities - Justification for my startup
Not answered02.11.01 My startup contributes to the Sustainable cities and communities goal
1 - Strongly Disagree
02.11.02 Sustainable cities and communities - Justification for my startup
Not answered02.12.01 My startup contributes to the Responsible consumption and production goal
1 - Strongly Disagree
02.12.02 Responsible consumption and production - Justification for my startup
Not answered02.13.01 My startup contributes to the Climate action goal
1 - Strongly Disagree
02.13.02 Climate action - Justification for my startup
Not answered02.14.01 My startup contributes to the Life below water goal
1 - Strongly Disagree
02.14.02 Life below water - Justification for my startup
Not answered02.15.01 My startup contributes to the Life on land goal
1 - Strongly Disagree
02.15.02 Life on land - Justification for my startup
Not answered02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal
1 - Strongly Disagree
02.16.02 Peace Justice and Strong Institutions- Justification for my startup
Not answered02.17.01 My startup contributes to the Partnerships for the goal
1 - Strongly Disagree
02.17.02 Partnerships for the goal - Justification for my startup
Not answered06.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.
7 - Strongly Agree
06.02 The product/service represents an entirely new type of product/service.
1 - Strongly Disagree
06.03 The product/service could be described as a new technology.
1 - Strongly Disagree
06.04 The product/service is an improvement on an existing product or service.
2
06.05 The product/service could be described as an extension of a range of products or services.
2
06.06 The product/service responds to a demand or need that has not been satisfied by other products/services.
7 - Strongly Agree
06.07 The product/service is a new version of an old product/service.
6
06.08 Justification for my startup
Not answered06.09 Competitive Analysis
Potential competitors are all retail pharmacies in the city, in total they are 6. Chunya pharmacy, mlekwa pharmacy, faiva pharmacy, jusaki pharmacy, wamu pharmacy, luck angel pharmacy. Our competitive advantage is that we provide free doctor consultation. It was easy to implement this because I (the CEO) am a medical doctor. It is very costful to hire a medical doctor so very few of them can take that risk. The free doctor consultation has helped in retaining out existing customers and gaining new customers through the word of mouth.
11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?
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