I.A.B. - Institut Academic of Babies

Company overview
Headquarters: Senegal
Countries 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
Year of founding: 2018
Number of FTEs : 5 to 20 FTEs
Legal status of the organization : Other
Company overview
Headquarters: Mexico
Countries of Operations: Mexico
Legal status of the organization : For-profit
Year of founding: 2018
Number of FTEs : 5 to 20 FTEs
Women owned / led: Founder
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