Care economy activities and business model

About the organization:
Green Impact Co. Ltd is a for-profit entity that designs, manufactures and installs renewable energy products for rural areas in Vietnam. Through innovative cooking solutions that use biomass, solar heaters and panels, the entity reduces the time spent on managing domestic chores such as cooking and fuel collection.

Activities in the care economy: Provision of affordable services that provide care & domestic work (e.g. affordable daycare services in rural areas)

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

Type of services: Labour saving solutions

Number of customers (2020): Information not available

Number of customers (2019): Information not available

Number of customers (2018): Information not available

Financials

Profitability status: Not profitable yet but planning to become profitable after 5 years

Revenue USD (2020): Information not available

Revenue USD (2019): Information not available

Revenue USD (2018): Information not available

Pathways to impact

Challenge addressed: Lack of affordable solutions to reduce amount of time spent on care and domestic work (Reduce)

Pathway to impact – 4 Rs: Reduce

Populations affected: Unpaid care workers Paid care workers Unpaid domestic workers Paid domestic workers

Number of people served (2020): Less than 1,000

Number of people served (2019): Between 5,000 to 25,000

Number of people served (2018): Between 25,000 to 100,000