Mi Farmacita Nacional
Country of Operation
- Mi Farmacita NacionaFor-profit
- Grupo FarmacéuticoFor-profit
- Laboratorios CollinsFor-profit
Target income level
- Bottom 20%
- Lower-middle income (20-40%)
- Middle-income (40-60%)
- Higher middle-income (60-80%)
- High-income (80-100%)
SummaryMi Farmacita Nacional is a fully for-profit, Mexican owned pharmacy franchise with a social imperative. Its mission is to bring medicines and special services to the regions of most necessity.
Key program components
Mi Farmacita was established in Tijuana, Mexico, in 2003, and employs a classic franchise business structure. As of March 2007, Mi Farmacita had established 57 franchises in over 15 states in both smaller and major cities--including Morelia, Mexico City, Puerto Vallarta, and Tijuana--and in squarely low-income as well as middle class communities. Profits and sales volume, indirect measures of Mi Farmacita’s impact on incomes and the consumption of health goods and services, suggest that Mi Farmacita provides considerable value to its franchisees and customers. The 16 franchises that have been in operation for at least 22 months process about 90 sales transactions daily, or 2,400 monthly, and sales across the franchise’s 57 outlets totaled more than US$2.9 million in 2006.