Haltons Limited ("Haltons") is a retail pharmacy chain dispensing prescription and non-prescription pharmaceutical products operating in Kenya. The company has retail outlets located mostly in high traffic residential estates capitalizing on volumes created by health care medicine prescribers to the middle-income consumer. Most of the stores offer a wide range of products as well as health checks such as blood pressure, blood sugar, Blood cholesterol levels and advice on management of blood pressure, gout and diabetes. Haltons is currently operating 52 shops and is looking at rolling-out additional pharmacy outlets, targeted at the underserved middle to low income market, and build a central warehouse and distribution center (the 'Project').In just under 5 years, Haltons has grown exponentially from 2 to 52 outlets in Kenya, on the back of financial and operational support from Fanisi Venture Capital Fund ('Fanisi'), an IFC investee fund and its promoters - Paradigm Holdings, which represents the interests of founder Dr Louis Machogu and Mary Ngige. The total Project cost is estimated to be $10.0m. IFC has proposed a C-Loan of up to $3 million in Haltons, to make up most of the project shortfall.