We reviewed over 200 businesses worldwide*, and have identified over 165 businesses operating in the care economy across Latin America, Sub-Saharan Africa and Asia who met the following 4 criteria:
1. Geography focus: operating in project target countries.
2. Care economy impact: business activities recognize, reduce, reward or redistribute care work.
3. Proof of concept: care economy activities at least at the launch stage (none of the businesses are at concept stage).
4. Market-based intervention: already or planning to be financially profitable or to generate income in the medium term.
Out of the mapping we selected 60 businesses to conduct a full profile and showcase potential investment opportunities. These profiles have been created from information and data provided by the business itself. Use the filter on the left to access the businesses profiled.
* Disclaimer: The data presented in the business mapping and profiles is based on information provided by the businesses and has not been independently verified
1. Geography focus: operating in project target countries.
2. Care economy impact: business activities recognize, reduce, reward or redistribute care work.
3. Proof of concept: care economy activities at least at the launch stage (none of the businesses are at concept stage).
4. Market-based intervention: already or planning to be financially profitable or to generate income in the medium term.
Out of the mapping we selected 60 businesses to conduct a full profile and showcase potential investment opportunities. These profiles have been created from information and data provided by the business itself. Use the filter on the left to access the businesses profiled.
* Disclaimer: The data presented in the business mapping and profiles is based on information provided by the businesses and has not been independently verified
AYAT Care
Website: ayatcare.com
Headquarters: Bangladesh
Country of Operations: Bangladesh
Women owned / led: Founded by at least one woman, At least 30% women in senior leadership positions
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.
Stage of Growth: Small scale roll-out/Early stage
Types 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
Activities in the care economy: Provision of technology & services that train/upskill domestic & care workers
Pathway to impact: Recognize, Reward, Redistribute
Eau et Vie
Website: www.eauetvie.fr
Headquarters: France
Country of Operations: Bangladesh, Philippines
Women owned / led: Founded by at least one woman, At least 30% women in senior leadership positions, At least 30% of women in board of directors
About the organization: Eau et Vie is a non-profit that develops water networks in slum areas to provide affordable and sustainable tap water at home. The organization is able to serve tap water in locations where operators of municipal systems are unable to reach. This enables time savings for women and reduces drudgery in accessing water from inconvenient locations. Furthermore, it not only promotes urban inclusion but also has impacts on aspects such as hygiene (personal and menstrual), fire-fighting, waste management and sanitation.
Stage of Growth: Small scale roll-out/Early stage
Types of Services: Domestic services, Labour saving solutions
Activities in the care economy: Provision of technology, services & policies/practice that improve conditions for domestic & care worker
Pathway to impact: Recognize, Reduce
HandyMama.co Ltd
Website: handymama.co
Headquarters: Bangladesh
Country of Operations: Bangladesh
Women owned / led: None
About the organization: HandyMama is an on-demand home services platform in Bangladesh. This for-profit company connects its customers with trained and verified service providers, such as professional cleaners, maintenance people, packers and movers. The company’s workforce includes 40% women and it intends to launch other services such as cooking, cleaning and laundry services soon. HandyMama is able to reduce the burden of care work by providing affordable and standardized domestic services.
Stage of Growth: Mass roll-out/Expansion
Types of Services: Domestic services, Labour saving solutions
Activities in the care economy: Provision of technology, services & policies/practice that improve conditions for domestic & care worker
Pathway to impact: Recognize, Reward, Redistribute
HelloTask
Website: hellotask.app
Headquarters: Singapore
Country of Operations: Bangladesh
Women owned / led: None
About the organization: HelloTask is a for-profit online platform that connects domestic workers to potential employers in Bangladesh. In developing countries, most care workers are not smartphone users, which has excluded them from digital opportunities. The company has built a technology that connects any mobile phone user to employers in real-time. Through its model, HelloTask improves access to opportunities for domestic workers.
Stage of Growth: Small scale roll-out/Early stage
Types of Services: Domestic services
Activities in the care economy: Provision of technology & services that train/upskill domestic & care workers
Pathway to impact: Recognize, Reward, Redistribute
I.A.B. – Institut Academic of Babies
Website: www.iab-afrique.com
Headquarters: Senegal
Country of Operations: Senegal
Women owned / led: Founded by at least one woman, At least 51% owned by women, At least 30% women in senior leadership positions, At least 30% of women in board of directors
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.
Stage of Growth: Mass roll-out/Expansion
Types of Services: Infant-care (children younger than 1-year), Child-care (Ages 1 to 5), Domestic services
Activities in the care economy: Provision of technology & services that train/upskill domestic & care workers
Pathway to impact: Recognize, Reward
UGOGO
Website: ugogo.co
Headquarters: Argentina
Country of Operations: Argentina
Women owned / led: At least 30% women in senior leadership positions
About the organization: Ugogo is a technology-enabled home care provider that uses digital and artificial intelligence to improve elderly care services in Latam. Ugogo offers technology-based tools for patient history and personalized care plans drawn up by professionals, among others. They aim to change the care culture and raise awareness around caregivers’ burnout while improving the quality of life of the elderly and their families.
Stage of Growth: Small scale roll-out/Early stage
Types of Services: Elderly-care (Ages 60 and above)
Activities in the care economy: Provision of technology & services that train/upskill domestic & care workers (e.g. technology that links employers to domestic/care workers), 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)
Pathway to impact: Recognize, Reduce, Redistribute
Usound
Website: www.usound.co
Headquarters: Argentina
Country of Operations: Argentina
Women owned / led: At least 30% of women in board of directors
About the organization: uSound is an Intelligent Hearing System that transforms smartphones into listening devices for hearing assistance. The device’s cutting-edge technology is interactive and can learn and grow from the user’s needs, helping to improve people’s quality of life for essential communication and other benefits. uSound also contributes to preventing future hearing loss by dynamically adjusting the intensity of sound frequencies to an optimal level according to the patient´s demands.
Stage of Growth: Mass roll-out/Expansion
Types of Services: Care for persons with special needs (disabled / differently abled persons)
Activities in the care economy: Provision of affordable services that provide care & domestic work (e.g. affordable daycare services in rural areas)
Pathway to impact: Recognize
Zolvers
Website: zolvers.com
Headquarters: Argentina
Country of Operations: Argentina, Mexico, Chile, Colombia
Women owned / led: Founded by at least one woman, At least 51% owned by women, At least 30% women in senior leadership positions
About the organization: Zolvers is an online platform that aims to improve the lives of 17 million domestic workers in Latin America through better job opportunities and financial inclusion. Zolvers offer a range of care and household services: accompaniment for the elderly, nursing, care for people with disabilities, plumbing, painting, electricity services, gas filters, house and office cleaning, installation services, and general repairs. They directly impact the redistribution of care and domestic services to a third party, helping to reduce the time households spend on those activities. Through technology, its mission is to connect customers with people looking for cleaning or home maintenance work.
Stage of Growth: Mass roll-out/Expansion
Types of Services: Elderly-care (Ages 60 and above), Care for persons with special needs (disabled / differently abled persons), Care for people with illnesses, Domestic services, Labour saving solutions
Pathway to impact: Recognize, Reward, Redistribute