CodersTrust Bangladesh Student Fund 1-09-2015

Raising a 20M USD Student Fund to Educate 25.000 High EarningIT Freelancers in Bangladesh

CodersTrust at a Glance

| Company Presentation - CodersTrust Student fund2

We provide microfinance for IT talents to upgrade their skills, so they can earn more money on freelance portals

22 full timeemployees

4000 applicationsand 450 students

Raised 1.2M USD from private angels andinstitutional investors

Partners with GrameenSolution, Elance, Upwork, Bank Asia, and DANIDA

As featured in: Headquarter in Copenhagen, Denmark (2013).

Operational Office in Dhaka, Bangladesh (2014).

Operational office in New Delhi, India(2015.

Meet Ella – a low skilled freelancer from Bangladesh working for 2 USD/hour on freelance portals

Ella is


… one out 500.000 freelancers in Bangladesh

… 14M freelancers worldwide

… a market that will grow to 160M by 2020*

0M 2M 4M 9M 12M 16M25M

50M

90M

125M

165M

Job

s created

on

on

line la

bo

r ma

rkets (in m

illion

s)

160

140

120

100

80

60

40

0

20

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

We Provide Microfinance for Talents to Upgrade their Skills, so they can Earn more Money on

Freelance Portal

Ella applies online and CodersTrust uses her online track record to approve her student loan and course admission


Sign Up!1. 2.

[email protected]

3. 4.Importing

CodersTrust automatically imports and displays your data from the E-learning and freelance portal.

Get Funded

Now you are ready to manage your work, e-learning and get funding in one place.

Link Account

Login to your online workplace account once to link them to CodersTrust

Ella follows courses and is part of an interactive learning community


1. Livecoding sessions withIndustry experts.

2. 1-on-1 mentorship fromindustry experts,

4.Online Q&A knowledgebase and tracking with GitHub forum integration.

3. Automated code review with Codacy

5. Livecoding sessions withIndustry experts.

Ella receives job recommendations that best matches her current skills


TOP 10 Recommended Jobs

Matching Skills with Demand

+25.000 Jobs posted weekly

Skill Level

Ella receives 90% of her income through an automated payment split process from Payoneer - the remaining 10% will go to CodersTrust


$450

SALARY SPLIT

INSTITUTIONMICROFINANCE

40%LENDER

10%CodersTrust

50%STUDENT

$1000

$450$360

Freelancer tasks

Client pays studentAmount is splitted in the cloud

Automatic transfer to each account

Ella is not alone –We already have 5.000 screenedloan applicants ready and repayment data on 150 students


Media reach, social networks 17klikes on Facebook

Sign up for free profile 5000

Applicants 4000

Enrolled students 450

Registered loans 52

Students earning money 150

Proven Platform for Student Funding


Online freelancers

Freelance portals

Turn Key for Student Fund

E-learningcenter

Freelance job scanner

Financial loandistribution and

repayment gatewayDaily Collections CodersTrust

API

Loan Sales With Asset Visibillity

Data Analytics and performance

tracking

Proprietary Credit Model

DATA SOURCES

1st online based, student lending platform

• Over 5.000 loan applications processed

• Over 150 student earning money and repaying loan

+5000 screenedapplicants

Raising $20M of capital for

student loans

Freelance Platfom

FinancePlatfom

E-learningcontent

Capital Sources

BIG Data – Small loans – Big Impact


We use big data, complex algorithms and automated workflows to democratize access to education and the online labor market creating trust in the new generation of the online and on-demand workforce.

Profiling and testing

PerformanceMeasurment

Credit scoring

Learning Progress

Earningperformance

Unique and deep data on freelancers

BIG DATA on freelance profiles

Channels :

At CodersTrust We are always Looking for moreData to Improve Model Performance


60%

Version 1

65%

Version 2

85%

Version 3

95%

Version 4

▶ More student/freelance data to model on

▶ More loan history to model on

▶ More data points on each loan

▶ Result : Better model performance and Coverage

Who is investing into the fund


Raised venture capital as collateral for the loans

Local financial institutions

Government/Impact investors

Strategic investors

High Worth Individuals

Institutional investors

United Nations Development Programme

BANK ASIA

CodersTrust

Accenture

Angel investors

Financial institutions

Overview of Benefits for All Stakeholders


STAKEHOLDERS BENEFITS

CodersTrust• Access to growth capital to scale up operations• Access to a stable and predictable revenue stream without labor intensive fundraising

Investor• Achievement of financial returns and social impact• Participation in new asset class with portfolio diversification benefits

Government• Accountability for taxpayer funds• Reduction in the need for costly downstream remediation• Increased supply of effective services for citizens without financial risk

Communities• Access to an increased supply of effective social services• Reduction in the need for crisis-driven interventions

Benefits for Governments


The cost onboarding students on local or online labor market

Cost to Government

($100 Million)

Government cost saving ($35 Million)

Cost of Intervention ($40

Million)

Cost to Government ($25 Million)

Status Quo With CodersTrustIntervention

Benefit for Our Students


$14/hourSalary in 2nd Y

$700Monthly Salary after 1st Y

$22,000Total earning in 3rd Y

ScoringOf performance

4

8

12

0

Wk 1 Wk 2 Wk 3 Wk 4 Wk 5 Wk 6 Wk 7 Wk 8 Wk 9 Wk 10 Wk 11 Wk 12

▶ FIRST CODING JOB

▶ EXPERT WEB DESIGNER FRONT END

▶ DESIGN WEBSITES, UI/UX

▶ START LEARNING

▶ NO CODING SKILL

Skill & $

Suitable Impact for a Nation


100,000IT talents

1,500,000Empowered

$ 2,56 BillionStudent earning Y3

50Learning Center

500Mentors

How to Invest Into the Fund


1. Select target group and product

Target Group End skills

Introduction course

1. Poor English skills2. Zero IT/Computer based knowledge3. Non-existent IT hardware skills (how to use PC, turn it on/off and etc.)

1. Operational skills in Microsoft Office: Word, Excel, Power Point2. Basic English & Communication knowledge3. Usage of Social Media, e-mail and other online communication tools

Basic course 1. Basic computer operations using MS Office2. Internet Browsing3. Data entry

1. Front-end Web Development: student will be able to create any type of website design & development.2. Responsive Web and UI design ser Interface/User Experience Development (UI/UX)3. PHP Based Web application development

2. Choose investment

investment per student Investment per 100 student batch

Investment per 500 student batch

Introduction course 250 USD 25.000 USD 125.000 USD

Basic course 500 USD 50.000 USD 250.000 USD

Returns, Monitering and Access We target a 5% anual return over a 5 year period


Financial Investor dashboard:

• Track performance in real-time

• Track student activity

• Track/monitor repayment

Strategic Investor dashboard:

• Access student ranking & performance

• Recruit students based on performance

Team will make it happen


Global team

Several serial entrepreneurs and

specialists that are determined to

make a difference in the world.

Expertise

• Operation

• Fundraising

• Financial Inclusion

• Developing countries

• Scaling

FERDINAND KJÆRULFF ASSER SMIDT JAN-CAYO FIEBIGFOUNDER & CEO CO-FOUNDER &

HEAD OF PRODUCTCO-FOUNDER & CFO

FERDINAND KJÆRULFF LONE FØNSS SCHRØDER AMAR DUGGALFOUNDER & CEO SENIOR ADVISOR, CREDIT SUISSE

PROFESSIONAL BOARD MEMBERCFO & BOARD MEMBER

Lets Inspire The Next Generation To Realize Their Highest Potential

CodersTrust Bangladesh Student Fund 1-09-2015

Business

Transcript of CodersTrust Bangladesh Student Fund 1-09-2015