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Initiative

Essential Medicines

The Challenge

One third of the global population lacks access to essential medicines, especially rural areas in developing countries.

The Opportunity

GP invests in rural pharmacies that sell affordable, high-quality medicines in areas previously without access. These pharmacies are run by local entrepreneurs. As a result, people spend less time traveling and being sick and entrepreneurs earn increased income.

Who is Served?

Primarily rural households, mostly living on <$3.10 a day.

What is Delivered?

  • Access to essential medicines, supplies, and basic health info
  • May offer very basic diagnosis & care
  • Entrepreneurs receive loans, training, access to medicines

Why is it Impactful?

Improved family health and livelihood as well as decreased household costs due to:

  • Improved geographic access to essential medicines
  • Improved affordability of essential medicines
  • Timely/appropriate treatment
  • New source of household income

How is it Sustained?

Product margins cover costs of procurement  and distribution.

By the Numbers

Cumulative as March 31, 2018

87,491 Lives Impacted