Brilliant students are falling behind
Research by the UN shows that only 4 out of every 100 children in Africa are expected to enter a graduate institution. For LATAM that number is 36. In North America? 87.
But education has an exponential effect on earnings
The World Bank has found that each subsequent year of schooling raises earnings potential by 10%. This increases to 13.5% in Sub-Saharan Africa. And in South Africa, where there is more granular data, this study finds that the impact of education on earnings is exponential.
The individual impacts of this are life changing. The economic impact is mind blowing.
FoondaMate uses AI to bring the power of the internet to everyone
We do this by building local language chatbots for easy to use chat applications.
High data costs and with low quality devices limit the education students in emerging markets can access. By bringing online learning to already-popular chat apps FoondaMate empowers users to learn on the devices they have without the need to splurge on data.
By chatting in students’ home languages FoondaMate makes online learning relatable and simple for users who don’t speak English at home.
This brings online learning to anyone, from anywhere.