Care economy activities and business model
About the organization:
LetMecare is a for-profit entity in Vietnam that leverages a mobile app to match households and domestic workers. The entity’s services have reduced time spent on care work.
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: Domestic services
Number of customers (2020): Between 5,000 to 25,000
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 within 3 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
Pathway to impact – 4 Rs: Reduce
Populations affected: Unpaid care workers, Paid domestic workers, Infants or children, Elderly people
Number of people served (2020): Information not available
Number of people served (2019): Information not available
Number of people served (2018): Information not available