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
Baobab +
Website: www.baobabplus.com
Headquarters: France
Country of Operations: Senegal
Women owned / led: At least 30% women in senior leadership positions
About the organization: Baobab+ is a social business committed to providing clean, affordable and reliable energy to people living off-grid and in rural areas by offering them quality products with adapted financial solutions. They sell small, high quality, easy to use, solar PV home systems to customers on credit with flexible payment terms. The entity’s solar solutions reduce the amount of time spent on domestic work and significantly improve lives by prolonging the activity hours of the population by enabling them to cook, study and work beyond the hours of daylight. In 5 years, Baobab+ has equipped 220,000 households, more than 80% of whom live in rural areas, with domestic solar solutions and enabled people to have access to light. Baobab + has assisted in increasing study time for students by 75%, has increased users’ income by 25%, and has saved 210,000 tonnes of CO2.
Stage of Growth: Established/Mature
Types of Services: Labour saving solutions
Activities in the care economy: Provision of affordable time and labour saving technology and products
Pathway to impact: Reduce
Lovecare
Website: lovecare.id
Headquarters: Indonesia
Country of Operations: Indonesia
Women owned / led: Founded by at least one woman, At least 30% women in senior leadership positions
About the organization: Lovecare is for-profit entity that provides child and elderly care services in Vietnam through a care matching and reservation system that connects families and caregivers. It increases access to work for caregivers, thus rewarding their efforts. The services also increases access to quality of care service for families, which reduces time spent on care work.
Stage of Growth: Small scale roll-out/Early stage
Types of Services: “Care for people with illnesses, Child-care (Ages 1 to 5)
Child-care (Ages 6 and above)
Elderly-care (Ages 60 and above)”
Child-care (Ages 6 and above)
Elderly-care (Ages 60 and above)”
Activities in the care economy: Provision of affordable services that provide care & domestic work
Pathway to impact: Redistribute