The notion Social Business has been coined by Nobel price laureate Muhammad Yunus and refers to businesses that want to run profitably but do not intend to distribute dividends. Instead they reinvest potential profits into their social mission. On the other hand social businesses want to be independent from state funding and have to finance themselves. Importantly, it is the social mission that is the priority of the business and not the profit.
It is the mission of Glovico.org to develop innovative ways to earn an income for people in less developed countries via webtechnologies. Our goal is not to reach the poorest of the poor but help building a global middle class. Yet, in the mid-term we plan to set up a microcredit program, which help potential teachers finance a netbook, a webcam, a headset and a decent internet connection. In this way we also want to allow those teachers to offer their services on Glovico.org who couldn't afford to do so themselves initially.
Furthermore we want to foster intercultural dialogue and communication between north and south. Only in this way, so we believe, can we create an awareness for a more egalitarian world in the long run.
What happens if the connection breaks down during a lesson?
If the lesson should need to be terminated because the connection breaks down please get in touch with your teacher and agree to an alternate appointment for finishing the lesson. Should connectivity not allow to finish this lesson either, please get in touch with us and we will reimburse your credit.
How does glovico.org finance itself?
Glovico.org is financed by an initial investment and the lesson fees. 3 € per lesson are used to finance the running costs (hosting, financial transactions, personnel, marketing, etc.) and to recover the initial investment. For the microcredit program mentioned above we want to set up a charitable society that is financed by donations.
How can I cancel a lesson?
Until 24 hours prior to the lesson you can cancel it through your account. Less than 24 hours prior to the lesson we cannot cancel it anymore because the teachers prepare for the lessons and might not be reached on such short notice. Yet, you can try to directly contact your teacher and arrange for an alternative appointment.
How is Glovico "Fair Trade"?
According to the European Fair Trade Association (EFTA) Fair Trade is: "a trading partnership that seeks greater equity in international trade". It offers "better trading conditions to, and secures the rights of, marginalized producers and workers – especially in the South." We fulfill these criteria by providing all our employees with a fair and transparent wage. And while our teachers are generally less marginalized than smallholder farmers, for example, in future we would like to hire such groups as well. They could get a microcredit for a smartphone, for example, and then use it to teach.
How are teachers being selected?
This is a very complex process. On the one hand we continuously receive applications from interested teachers and on the other hand we actively reach out through various NGOs to find teachers for specific languages. Applicants are then invited for a video call via Skype to get an impression of the quality of the internet connection, fluency in English as well as teaching skills. For the latter, we ask applicants to run a trial lesson and teach us their native language which they'd later offer on Glovico.org. In addition, we ask applicants to give us some details on their personal circumstances as we also take that into consideration. In this respect we also use a small survey to gain a deeper understanding of the potential teacher.
How does Glovico work for me as a teacher?
We have put together an overview for interested teachers here