Care economy activities and business model

About the organization:
I.A.B is a social business that trains care workers in early childhood care. In Senegal, day care centers are not regulated and there is no school that is specifically focused on training related early childhood. As a result, children are less likely to go to nurseries. Through it’s training programs I.A.B has increased the skills of childcare workers, resulting in higher incomes for these workers. I.A.B’s impact includes improved health conditions among toddlers, decent work opportunties for care workers, and increased productivity of parents who are assured that the care and development of their children is in expert hands.

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

Stage of growth: Mass roll-out/Expansion

Type of services: Infant-care (children younger than 1-year), Child-care (Ages 1 to 5), Domestic services

Number of customers (2020): Between 5,000 to 25,000

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

Number of customers (2018): Less than 1,000

Financials

Profitability status:
Financially profitable

Revenue USD (2020): Between 50,000 to 100,000

Revenue USD (2019): Between 10,000 to 50,000

Revenue USD (2018): Less than 10,000

Pathways to impact

Challenge addressed:
Lack of recognition and action with regards to unfair distribution of care and domestic work, Lack of / poor remuneration for care and domestic workers, Others

Pathway to impact – 4 Rs: Recognize, Reward

Populations affected: Unpaid domestic workers, Paid domestic workers, Infants or children, Persons with special needs or with illnesses

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

Number of people served (2019): Less than 1,000

Number of people served (2019): Less than 1,000