IMPCT - Bringing the Necessary Capital: Knowledge (Building Solution)

can be time consuming or impossible, and even something as simple as accessing the site can be dangerous. The space is very limited in the slums, lots can be as small as 5x4 meters in some of the more crowded communities.

IMPCT has worked extremely hard to develop the best solution appropriate to these areas.

Architect, Frida Rebeca Cobar, is a working professional with a Masters in Architecture. Her Master’s thesis was on building sustainable low cost slum housing in her native El Salvador.

The team worked with her, an experienced Salvadoran civil engineer, and a Latin-American NGO called TECHO, to develop an “incremental building” solution.

Figure 6 The IMPCT Educational Daycare

“Incremental building” is a flexible and affordable method used by people living in urban slums around the world. What IMPCT does is to take an existing one-floor house and build a

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second floor Educational Daycare at a low cost. The full price for an Educational Daycare 5x8m and residence is just over $15,000. In El Salvador, IMPCT will have volunteer labor and construction management by collaborating with local universities. IMPCT also already has offers to subsidize more than 50% of materials for the first 10 projects in that country.

IMPCT will continue this while expanding to Latin America and get the average project cost down to $7,500 and much less for residences that only need refurbishing.

2.5.3. IMPCT - Bringing the Necessary Capital: Knowledge (Curriculum)

Having a good curriculum is essential to ensure positive educational outcomes. It prepares the kids for primary school, skills development, and behavioral control for children. The curriculum is influenced by the educational philosophy of Brazilian Paulo Freire.

Freire has vast experience in Brazilian slums. Kids living in urban slums are often surrounded by an oppressive environment. Therefore IMPCT seeks to inspire children to question their surroundings and develop self-confidence.

Moreover, mothers will undergo 50 and 100 hours of training to be able to use guided-play, use stories that pose problems and active learning to instill in children the values of empathy, social justice and collaboration.

Each of the IMPCT Educational Daycares will specialize in an age group, either 0-3 or 3-5 years old. Teachers and caregivers are trained to provide age-appropriate content. This way, IMPCT can promote socialization between children of different ages; younger children are inspired to do more advanced work after observing older ones and they, in turn, learn through teaching and helping the younger ones.

Application examples

Well-chosen stories and picture books will be employed. By using a simple story and the appropriate questions, significant themes like tolerance and equal worth are raised along with children. Instilling these values early in life helps reduce the chance for them to join gangs in the future.

A practical application of this is reading the children’s book Hair (Kate Petty, 2006) which shows pictures of people from all around the world and descriptions of the way they wear their hair. Afterwards, having children in a circle and asking them to describe their own hair, their parent’s hair and anyone they know that uses the hair in a similar way the people in the picture do. This activity will raise questions about others hair color or style, allowing the teacher to address subject of cultural differences and choices.

Teachers can guide children to recognize stereotypes and perceptions of gender. A way this can be done is through images of diverse role models and that regardless of their gender excel at an art, sport or have been presidents. This can spark conversation and questions from children which can be used to promote anti-bias attitudes.

Sample schedules: A typical IMPCT Schedule will look like this.

Toddler childcare

6:30-8:00 Arrival, greeting properly and singing welcome song

8:00-9:00 Breakfast and brushing teeth 9:00-9:10 Group play

9:10-10:10 Reading a Story

10:10-10:45 Building objects with cardboard 10:45-11:10 Washroom

11:10-12:10 Lunch and brushing teeth 12:10-2:10 Rest

3:15-4:00 Guided play

6:30 – 7:00 Arrival, greeting properly and opening routines

7:00 – 8:00 Vocabulary practice

8:00 – 9:30 Cooperative problem solving 9:30 – 10:30 Fine motor skill exercises 10:30-11:10 Washroom and prepare for job 11:10-12:10 Lunch and brushing teeth 12:10 – 2:10 Rest

2:10-2:45 Washroom

2:45-3:15 Snack

3:15-4:00 Use quiet materials individually 4:00-4:30 Daily reflections

4:30-5:00 Numbers activities

2.5.4. IMPCT - Bringing the Necessary Capital Financial: Capital (Microequity) The IMPCT team came up with the revolutionary idea to allow anybody, anywhere the ability to invest in our talented edupreneurs. IMPCT named this concept “microequity”; small

investment. IMPCT uses microequity to build schools that are community run, but globally owned. Investors contribute

100% of the financial capital to build our schools and in return receive 33% of the microequity in those businesses. They receive a quarterly dividend equivalent to that share of the school’s profits to reinvest in more great projects.

The team has spent time and resources working out a legal conception of microequity that doesn’t fall prey to the existing regulatory framework that makes this all but impossible.

Regulations around registered investors, reporting requirements and investment solicitation were all designed with more traditional equity financed projects in mind but make no sense for “microequity”. IMPCT has worked closely with Chris Thomas, lawyer and CEO of Eureeca (the world’s largest crowdequity platform) and have a clear path forward to make microequity investments on the IMPCT platform completely frictionless for investors everywhere.