Care economy activities and business model

About the organization:
The company offers an innovative solution to medication dispensing by simplifying the process through an intelligent dispenser associated with a mobile/web application (app). This system ensures that medication is delivered correctly, achieving full intakes traceability. It also facilitates medicines` preparation, avoids errors, and reduces the risk of forgetfulness.

Activities in the care economy:
Provision of technology, services & policies/practice that improve condition for domestic & care worker (e.g. apps that calculate decent remuneration), 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: 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): Less than 1,000

Number of customers (2019): Less than 1,000

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

Financials

Profitability status: Financially profitable

Revenue USD (2020): Between 10,000 to 50,000

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

Revenue USD (2018): Less than 10,000

Pathways to impact

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

Pathway to impact – 4 Rs: Reduce

Populations affected: Unpaid care workers, Paid care workers, Elderly people, 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 (2018): Less than 1,000