SWEET AFRICA LEARNING CENTRE
Community Cooperative Credit (Trip-CHANCE) Tuition-Free, Mentor Motivated School Re-Entry
for Grade Completion Program
Addressing the Global challenges of School Dropout and Related Re-Entry amidst Covid-19
WHAT TO FIND IN THIS PITCH DECK
• SWEET Africa Definition
• Trip Chance Description
• Trip-Chance Problem/Challenges addressed
• Trip-Chance Solution
• Trip-Chance Product
• SWEET Africa PLEDGES
• Key Actors in the Trip-CHANCE Value
• TRIP-CHANCE (SACCO) GRASS ROOTS SET-UP
• How TRIP-Chance works
• The School RE-ENTRY Market Place
• Revenue MODEL
• How Trip-CHANCE Results Based Financing (RBF) Works (THEORY & PRACTICE)
• Trip-Chance Tuition –Free Status
• Trip-Chance Accomplishments 2019-Todate
• Trip-Chance SWOT Analysis
• Trip-Chance Risks/De-Risking
• Trip –Chance GOVERNANCE
•
DEFINITION:
Offering Tuition-Free Educational Tools for
Africans
Development Social Challenges/Problems
Entrepreneurship Opportunities
Community-Profiting Enterprises to purse in either self-employment or paid employment
Simply Put, SWEET Africa is a Learning Centre advancing
Sector-Wide Entrepreneurship Education for Transformation of Africa (SWEET Africa)
To Identify
DESCRIPTION
an inclusive sustainable community cooperative credit (Trip-CHANCE) educational
financing model,
“democratizing access to school
re-entry”
“designed via community- cooperate-to-
save-&-
mobilize-credit- for-child education”
model
“mobilizing sustainable community resources to
facilitates flexible and affordable payments by the average parents for mentoring of student accelerated learning
while at same removing
employment-related, pregnancy and early marriage barriers to
learning”
“specifically targeting groups that
face barriers to participation in learning
including early school leavers; those
without preliminary qualifications; the long-
term
unemployed; careers seeking to return to school to acquire basic
qualifications”
Problem/Challenges addressed
An African school dropout perennial problem due
school tuition,
employment, pregnancy and marriage related
factors.
The Covid-19 induced economic shocks that have placed pressure on children to work and generate income for
their financially distressed families, ending up as permanent
dropouts.
Covid-19 Locked-up opportunities to achieve the global community grand plan of ensuring that all girls and boys must complete free,
equitable and quality primary and secondary education by 2030.
Solution
Trip-CHANCE mobilizes parents & partners via Community Savings/Credit
SACCOs to finance independent Local Educational Mentors to provide affordable, and quality
education for vulnerable school Re-Entry.
At the same time, Trip- CHANCE helps parents mobilize the resources necessary to enable their children to Re-enter
school via their SACCOs.
By connecting Parent/SACCOs to local education providers in low- and middle-income
communities, Trip-CHANCE is tackling the global education crisis and helping more children re-enter and complete
schools.
THE PRODUCT
Trip-CHANCE targets school dropouts at primary school level (aged 11 years plus) able to write the Primary Leaving
Examination (PLE) exams following 9-
months of accelerated learning Mentorship program
Trip-CHANCE targets school dropouts at post primary school level (aged 15 years plus), able to sit and write the Uganda Ordinary level Certificate of Education exams following 9-months of accelerated learning Mentorship program.
Trip-Chance also accommodates school dropouts/Grade Repeaters, able to sponsor them selves provided they are able to write the National Grade exams following 9-months of accelerated
Mentorship program
Trip-CHANCE also welcomes Mature- Age Adults ,irrespective of age , gender, marital status, or disability status – provided they are able to write the National Grade exams following 9- months of accelerated Mentorship program.
PLEDGES TO ENSURE
That Trip CHANCE guarantees that average cooperative credit savings parents/guardians, students and community volunteer mentors together become actors: as basic educational financiers, trainers, entrepreneurs and
beneficiaries via Results Based Financing (RBF)
-That The Parent SACCO backed RBF supports the Trip- CHANCE to achieve the desired results of
school –retry, grade completion and passing.
-That The RBF Mechanism holds out the promise of making more effective use of the SACCO –Parent raised education financing resources.
-That The Flexible Accelerated Learning schedules and greater involvement of women mentors addresses school dropout causes related to employment, pregnancies, and early marriages.
-That Involvement of
communities including Flexible payments via SACCOs,
reflects community
commitment to take a large share of the responsibility for their own development.
KEY ACTORS IN THE TRIP-CHANCE VALUE CHAIN
Parent/Guardian
The Savings and Cooperative Credit Societies(SACCO)
to which the Parent/Guardian Belongs as a Member
The School Dropout
The Community Mentor
TRIP-CHANCE (SACCO) GRASS ROOTS SET-UP
• Beneficial /Applying Savings Credit Cooperative Societies (SACCO) Must be legally Registered with 60 members
• SACCO Must have been in existence for 3 years and operational
• SACCO Must be willing to incorporate in its current activities a savings mobilization activity for educational financing/credit for its members or children of its members
• Members Must able willing to save as they can–e.g. via digital, daily, weekly, monthly or quarterly for the educational financing activity via their Savings/Credit Outlets
• Following verification and agreement on above terms, where
applicable and feasible SACCO is facilitated with basic equipment for safety of funds and documents (e.g a safe box, computers and a
photocopier with scanner plus basic office furniture
• Motivational Financing done to address the SACOO basic Utilities expenses e,g rent , data , office stationary and electricity for one year
• SACCO members/parents Mentored and equipped with tips on saving mobilization for educational financing objectives
• Relevant available and qualified SACCO staff trained are in educational loan administration and governance
• SACCO facilitated with relevant Educational tracking loan tools e.g. manuals, and accounting package
• SACCO are supported and linked to Microfinance Center and other Government programmes for additional SACCO Support and organizational development.
HOW WORKS
RESPONSIBILITIES OF PARENTS/GUARDIANS RESPONSIBILITIES/ROLES OF SACCOS
Parents/guardians with a candidate (11 plus years) for School Re-Entry ,must be a saving member of a registered savings & cooperative credit society (SACCOs) and able to borrow now or in future from the SACCO-to finance Child School Re-entry/Completion
Parents/guardians agree to Use the SACCO resources to pay only Trip- CHANCE registration fee equivalent to US$60-US$120(primary/post-primary levels), payable over 9-months period to cover (a) accelerated learning & (b) mid- term/national exams fees.
SACCO officially pledge to remit appropriate parent/membership
savings –to cater for parent’s Trip-CHANCE registration fees
obligation in specified
periods/dates as documented in the contract between the parent,
SACCO and SWEET Africa- subject to the savings capacity
of the parent/guarding and SACCO lending policies to
members
HOW WORKS
RESPONSIBILITIES/ROLES OF MENTORS RESPONSIBILITIES/ ROLES OF STUDENTS
Responsibilities/Roles
-Mentors are selected from retired teachers with a preference for females, and qualified applicants who must agree
& consent to volunteer/operate under the Parent/Guardian SACCO
supported Results Based Financed (RBF) Accelerated Learning.
-Mentors must either (a) volunteer space or (b) mobilize space (for at least 30 students) (c) commit 3days/week with the student.
-Mentors in the database are matched with the student applicants based on age, gender, current student grade, and locations
-Must be a school dropout (11 years Plus) & willing to enroll in 9-month accelerated learning mentorship program & write the final grade exams
-Must not be enrolled in any other similar program -Must Commit to interact with Mentor-3 days /weeks -Willing to write the SWEET African Midterm Exams -Willing to write the National Grade Exams
(Primary/Post Primary)
(1) student/mentor registration/writing of the exams (2) mentor-student matching based on age/gender
(3) supervision of RBF milestones achievement/payment (4) provision of accelerated learning materials for
mentor use
(5) identification of suitable exam centers & payment of exams fees to enable students write national grade exams.
SCHOOL RE-ENTRY MARKET
Over 300,000 Ugandan primary/post primary (PLE/O’ Level) School
dropouts/year due to either tuition/costs, or employment or pregnancy, or early
marriage related issues-a with a large surge expected due to Covid-19 shocks.
Over 100,000 Ugandan Grade Failures (PLE/O Level) who want to re-enter and complete school.
A large number of unknown Ugandan Adults/
Mature-age who want to re-enter school and up grade.
Over 20,000 Ugandan established SACCOs that can be mobilized and leveraged to promote the TRIP-CHANCE program.
REVENUE MODEL
SACCO 60 % PAID FEE COVERS RBF MENTORING STUDENT ACCELERATED LEARNING (AL)
The Revenue model derived from the Results Based
Financing (RBF) for Education theory works as follows. After contract signing, SACCO pays Trip-CHANCE US$60
registration fee spread over 9-month for Primary School Re- Entry & US$120 spread over 9-month for Post Primary Re- Entry, with 60% fee used to achieve RBF milestones for Mentoring (40%) Completing Midterm (20%)& Final (35%) exams+5% pass bonus.
SACCO 40% FEE COVERS FACILITATION OF STUDENT AL SUPPORT ACTIVITIES
The balance-40% fee is Earmarked for SWEET Africa to Facilitate student/mentor matching (7%)supervision of student exam registration/writing (9%)RBF results ,
monitoring and achievement (8%)packaging accelerated learning (ALP 28%) plus payment for exam centers &
official exam fees (48%).
HOW TRIP-CHANCE RBF WORKS
RESULTS BASED FINANCING (RBF)THEORY
TRIP-CHANCE RBF STRUCTURE
Mentors are paid based on the achievement of agreed-upon RBF
milestones that include student mentoring for :
(A) Accelerated learning (6- 9months-40% RBF payment for 30 plus-mobilized/mentored students)
(C) writing the National Exams (35% RBF payment for 80%
plus students who write the final National exams)
(B)writing the SWEET Africa Mid-term exams (20% RBF payment for 80% plus-
students mentored and who write the midterm exams)
(D) a bonus (5% RBF payment- for 50% plus students who write and pass the national grade exams(primary/post- primary)
RBF PRICING/ALLOCATION STANDARDIZED PRICING ALLOCATION
Trip-CHANCE registration fee is equivalent to US$60 for Primary School Re-entry-9 months
Trip-CHANCE registration fee is equivalent to US$120 for Post
Primary School Re-entry-9 months
60 % of TRIP-CHANCE
registration fees is Earmarked for the RBF AL milestone payments.
40 % of TRIP –CHANCE
Registration fees is Earmarked for SWEET Africa Facilitation of AL SUPPORTIVE ACTIVITIES
RBF FACILITATION FOR
MENTORING ACCELERATED LEARNING PRIMARY SCHOOL RE- ENTRY
Result Based financing (RBF)/Student Full RBF RBF Due for Mentor Rate (US$) 3,700 US$:UGX
Primary School Re-Entry Facilitation 100% 60% (RBF Pay spread over 9-months) UGX Mentor RBF Activity %
Total Amount (US$ &UGX) USD 60 USD 36 UGX 133,200 100%
Mentoring for Accelerated learning/student USD 60 USD 14 UGX 53,280 40%
Ensuring that student write the Mid-Term Exams USD 60 USD 7 UGX 26,640 20%
Ensuring that student write the Final Exams USD 60 USD 13 UGX 46,620 35%
Bonus when student passes the Final Exams USD 60 USD 2 UGX 6,660 5%
RBF FACILITATION FOR
MENTORING ACCELERATED LEARNING POST-PRIMARY SCHOOL RE- ENTRY
Result Based financing (RBF)/Student Full RBF RBF Due for Mentor Rate (U$) 3,700 US$:UGX
Post Primary School Re-Entry Facilitation 100% 60% (RBF Pay spread over 9-months) UGX Mentor RBF Activity %
Total Amount (US$ &UGX) USD 120 USD 72 UGX 266,400 100%
Mentoring for Accelerated learning/student USD 120 USD 29 UGX 106,560 40%
Ensuring that student write the Mid-Term Exams USD 120 USD 14 UGX 53,280 20%
Ensuring that student write the Final Exams USD 120 USD 25 UGX 93,240 35%
Bonus when student passes the Final Exams USD 120 USD 4 UGX 13,320 5%
RBF FACILITATION FOR
SWEET AFRICA ACCELERATED LEARNING PRIMARY SCHOOL RE- ENTRY
Result Based financing (RBF)/Student Full RBF RBF Due to SWEET Africa Rate(US$) 3,700 US$:UGX
Primary School Re-Entry Facilitation 100% 40% (RBF Pay spread over 9-months) UGX S-Africa RBF Activity %
Total Amount (US$ &UGX) USD 60 USD 24 UGX 88,800 100%
Student/mentor matching USD 60 USD 2 UGX 6,000 7%
Supervision of Exam Registration /writing USD 60 USD 2 UGX 8,000 9%
RBF results Monitoring and Verification USD 60 USD 2 UGX 7,000 8%
Packaging accelerated learning (ALP)curriculum USD 60 USD 7 UGX 25,000 28%
Payment for exam centers and national legal fees USD 60 USD 11 UGX 42,000 48%
RBF FACILITATION FOR
SWEET AFRICA ACCELERATED LEARNING POST -PRIMARY SCHOOL RE- ENTRY
Result Based financing (RBF)/Student Full RBF Due for SWEET Africa Rate (US$) 3,700 US$:UGX
Post Primary School Re-Entry Facilitation 100% 40% (RBF Pay spread over 9-months) UGX S-Africa RBF Activity %
Total Amount (US$ &UGX) USD 120 USD 48 177,600 100%
Student/mentor matching USD 120 USD 3 12,109 7%
Superrvision of Exam Registration /writing USD 120 USD 4 16,145 9%
RBF results Monitoring and Verification USD 120 USD 4 14,127 8%
Packaging accelerated learning (ALP)curriculum USD 120 USD 14 50,455 28%
Payment for exam centers and national legal fees USD 120 USD 23 84,764 48%
TUITION –FREE STATUS
TUITION FREE STATUS
No payment for
infrastructure, lunch, travel and boarding as learning takes within the student’s locality.
VALIDATION
MILESTONES 2019 TO DATE
The Trip-CHANCE has supported
Initiated in 2019, and supported by
five (5)-
Parent/Guardian Educational
supportive SACCOs.
224 dropouts to write their Uganda Primary School Leaving Examinations (PLE, registering 88% passes).
183 dropouts to write their Ugandan Ordinary Level Certificate of Education
Examinations (O-level, registering 69%
passes).
TRACTION
ACCOMPLISHMENTS 2019-TODATE
• .
TRACTION/MILESTONES/FUNDING NEEDS
•
Product
• Completed mock-up and pricing validation with 53 potential school dropouts
• Launched minimum viable product (MVP) among 121 school dropout users
Traction & Revenue:
• 407 school dropout clients reached via 10- Parent Supported Saving/Credit outlets with 40% increase @year
• U$5000-US$10,000 monthly recurring revenue (MRR)
Fundraising
• Founders invested US$38,000
• Raised US$10,000 from friends and Banks
Traction/Revenue
To Reach 60,000 school Re-entry clients via 60 Savings/Credit outlets(2-3 years)
To Attract over 30,000 school dropouts that include grade repeaters and mature age Adults (primary/post primary) who want to re-enter and up grade
To Recruit Fundraising Grant specialist to raise funds for vulnerable students such as those orphaned, HIV+ or disabled, and those who come from poor families, child-headed households, or who live on the streets and cannot afford to go to school
To Introduce Block Chain Technology that can be shared among parents,
SACCOS, mentors, SWEET Africa and exams centers) to speed up transactions.
With Block Chain, Parents/SACCO can use barter trade crypto currency to pay Trip-CHANCE, and allow Donor communities to also support vulnerable students by using a scan of their eye on actual records, while supported students can re-enter school on a scan of their fingerprint
To Achieve US$20,000-US$40,000 MRR/month Funding
Needs Debt/Grant financing to a tune of US$2000,000-300,000
SWOT ANALYSIS
• New firms invading the market/spiking
competition
• Covid-19 slowing down recruitment
• Slow to address new market opportunities
• Social media marketing
• Over 300,000 Ugandan primary/post primary (PLE/O’
Level) School dropouts/year due to either tuition/costs, or employment or pregnancy, or early marriage related issues-a with a large surge expected due to Covid-19 shocks.
• Over 100,000 Ugandan Grade Failures (PLE/O Level) who want to re-enter and complete school.
• A large number of unknown Ugandan Adults/ Mature-age who want to re-enter school and up grade.
• Over 20,000 Ugandan established SACCOs that can be mobilized and leveraged to promote the TRIP-CHANCE program
Strength Weaknesses
Ugandan Context Opportunities
Threats
• Ownership of Product Development/Marketing Process
• Customer Loyalty
• Brand Awareness
• Bottom/Vertical markets
RISKS/DE-RISKING
TWO IMMEDIATE RISKS
• .
DE-RISKING
Financing
Securing strategic
partnerships to offset development and
acceptance costs,
For the second risk, the official
contracts with the Parent/Guardian supportive SACCOs offers strategic partnerships to enter and stay in the market.
The financial risk is de-risked
significantly through the second
risk
GOVERNANCE
• . •
• Under the guidance of a Board of Trustees supported by a Patron , the overall administrative of the Trip Chance is provided by the Executive Director,
Supported by
• School Re-Entry Mobilizers,
• SACCO Coordinator/Trainer
• 4-Trained Primary/Post Primary School- Re-Entry AL designers,
• Auditor responsible for monitoring the TRIP-CHANCE RBF results and
verification for Payment .
• The Mentor Manager responsible for mobilising/supervising of mentors as well as data collection that trigger RBF payments.
• A Ugandan Parliamentarian (Hon
Sewungu Joseph), an educationalist &
advocate for education access serves as
a Goodwill ambassador
PITCH-DECK AUTHORS/CONTACTS
AUTHORS
Michael Kintu (Director CEO, PhD) Namukasa Sylvia (Deputy CEO,MBA)
• .
CONTACTS
SWEET Africa Learning Center
Nkumba University Close, Bwaise Town Center, Abaita Ababiri, Nkumba
Off-Kampala-Entebbe Express High Office : +256-414-576997
Mobile : +256-752-646061/0706584983
Email: [email protected] Website: http://sweetafrica.ueuo.com/
