Care economy activities and business model

About the organization:
aeioTU is a social enterprise created and led by women that develops the full potential of children to transform communities in an innovative and sustainable way. aeioTU partners with public and private actors to provide comprehensive, high-quality care to children from 0 to five years of age, reducing the time families, especially mothers, dedicated to caregiving activities. Through their business model, aeioTU wants to impact the lack of remuneration for care and domestic workers.

Activities in the care economy:
Provision of technology & services that train/upskill domestic & care workers (e.g. technology that links employers to domestic/care workers), Provision of affordable services that provide care & domestic work (e.g. affordable daycare services in rural areas)

Stage of growth: Mass roll-out/Expansion

Type of services: Child-care (Ages 1 to 5)

Number of customers (2020): 100K or more

Number of customers (2019): 25K- less than 100K

Number of customers (2018): 25K- less than 100K

Financials

Profitability status: Not profitable yet but planning to become profitable within 3 years

Revenue USD (2020): 1 Mn or more

Revenue USD (2019): 1 Mn or more

Revenue USD (2018): 1 Mn or more

Pathways to impact

Challenge addressed: Lack of / poor remuneration for care and domestic workers (Reward)

Pathway to impact – 4 Rs: Reward

Populations affected: Unpaid care workers, Paid care workers, Infants or children

Number of people served (2020): 100K or more

Number of people served (2019): 25K- less than 100K

Number of people served (2018): 25K- less than 100K