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AYAT Care

AYAT Care

Company Overview

Website: ayatcare.com

Headquarters: Bangladesh

Country of Operations: Information not available

Women owned / led: At least 30% women in senior leadership positions, Founded by at least one woman

Year of founding: 2021

Number of FTEs: 5 to 20 FTEs

Legal status of the organization: For-profit

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Care economy activities and business model

About the organization:
AYAT Care provides personnel for care services which are tailored to the needs of the care receiver and includes health monitoring, mental health support and medical advice, in addition to traditional care for children and the elderly. It makes professional care services available to its customers by providing training for its care-givers. It provides employment opportunities to mostly female youth, who have dropped out from school, while serving customers who find it difficult to find trained and dependable caregivers. Although profit oriented, AYAT care is not profitable yet. It plans to become profitable in the next 3 years.

Activities in the care economy:
Provision of technology & services that train/upskill domestic & care workers

Stage of growth: Small scale roll-out/Early stage

Type of services: Child-care (Ages 6 and above), Elderly-care (Ages 60 and above), Care for persons with special needs (disabled / differently abled persons), Care for people with illnesses

Number of customers (2020): Not applicable

Number of customers (2019): Not applicable

Number of customers (2018): Information not available

Financials

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

Revenue USD (2020): Not applicable

Revenue USD (2019): Information not available

Revenue USD (2018): Information not available

Pathways to impact

Challenge addressed:
Lack of recognition and action with regards to unfair distribution of care and domestic work, Lack of affordable solutions to reduce amount of time spent on care and domestic work, Lack of / poor remuneration for care and domestic workers

Pathway to impact – 4 Rs: Recognize, Reward, Redistribute

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

Number of people served (2020): Not applicable

Number of people served (2019): Not applicable

Number of people served (2019): Not applicable