In the quiet city of Ilorin, Kwara State, a mid-sized hospital was quietly struggling.
Patients walked in daily, prescriptions in hand. But behind the counters, the pharmacists knew what was coming: another moment of explaining why a critical drug wasn’t available. Again. And again.
For Healthway Pharmacy, one of the key suppliers to hospitals and individuals in Ilorin, the stockouts had become a recurring nightmare. Their CEO, Pharm. Akintola Nurudeen remembers the embarrassment all too well, even the prestigious University of Ilorin Teaching Hospital (UITH) would come knocking, but Healthway simply couldn’t meet their drug supply needs.
They were stretched thin, stuck between rising pharmaceutical prices and a financing system that offered little help to healthcare providers.
That’s when RxPay came in.
The Turning Point
RxPay, an innovation by RxAll, was designed to bridge the financing gap for healthcare providers in Nigeria. It provides fast, trustworthy, and collateral-free trade credit that enables hospitals, clinics, and pharmacies to restock and expand.
Pharm. Nurudeen accessed over ₦300,000 in financing through RxPay. No endless paperwork. No collateral. Just data-driven trust, speed, and integrity.
Within weeks, Healthway Pharmacy transformed. Shelves that were once nearly empty were now filled with essential medications. When UITH called, they could finally deliver. Patients noticed. Confidence returned. So did growth.
The Harmony Pub Pharmacy Story
Just across town, Harmony Pub Pharmacy faced its own battles. Limited access to funds kept them from scaling. Their CEO, Mr. Olatunji Ismail, knew the potential of his business, but traditional lenders weren’t listening.
RxPay was different. It listened.
By analyzing sales patterns and performance data, RxPay extended credit to Harmony Pub Pharmacy, allowing them to breathe. To grow. To scale.
Mr. Ismail now calls RxPay a “lifeline.” His once-struggling pharmacy is thriving, serving more people, and building a future he once feared was out of reach.
Why This Matters
According to a 2023 report by PharmAccess, over 70% of Nigerians pay for healthcare out-of-pocket, and many pharmacies lack access to sustainable credit for restocking medications (PharmAccess Report, 2023).
This often results in stockouts, lost revenue, and worst of all, patients going untreated.
RxPay is changing that.
By removing the usual financing barriers and trusting the data, RxPay is not just helping pharmacies, it’s helping hospitals and entire communities access the medications they need.
The Bigger Picture
RxPay’s impact in Ilorin is just one chapter in a much larger story. Across Nigeria, RxPay is building a network of empowered healthcare providers, creating a future where no hospital has to turn patients away due to lack of drugs.
Where financing isn’t a roadblock, but a ramp to better care.
From Healthway to Harmony Pub and beyond, RxPay is quietly revolutionizing the backbone of Nigeria’s healthcare system, one pharmacy, one hospital, one human story at a time.
Need better healthcare financing?
Visit rxpay.io to learn more.