TQDN

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TQDN

Ho Chi Minh, Vietnam
Year Founded:
2012
Organization type: 
hybrid
Project Stage:
Start-Up
Budget: 
$1,000 - $10,000
Project Summary
Elevator Pitch

Concise Summary: Help us pitch this solution! Provide an explanation within 3-4 short sentences.

TQDN is an NPO that provides disadvantaged students future business leaders with a venue for reading, study in group, services revolving around group, teamwork. We are seeking donations/investments to develop and expand the model to help community. The model is self-sustained through membership fee

About Project

Problem: What problem is this project trying to address?

Study in group is considered a viable solution to the problem in developing countries like Vietnam, where professional education are insufficient and underdeveloped. There is no such place for study in groups and no services are rendered to study groups. Professional training centers are too expensive, but they still provide a passive way of learning. Public library has no such services. A big gap exists with unmet demand!

Solution: What is the proposed solution? Please be specific!

We organize study groups by matching the schedules and education levels of registering members. We provide them with a venue to study. We facilitate the progress by continuing auditing and surveying the effectiveness of the group. We helps overcome all crisis stages of a typical study group by providing them a volunteer instructor (hybrid model). A group facilitator for each group and group manager also help group run smoothly. We do not rely heavily on donation and sponsor. We generate revenue to support our operations (lease payment, salary to volunteer instructors. Each member has to pay membership fee (very low) to participate in the program. This fee is very small compared to cost to attend a professional training center.
Impact: How does it Work

Example: Walk us through a specific example(s) of how this solution makes a difference; include its primary activities.

It is my personal story. I was a disadvantaged undergrad student. The monthly stipend I received from my parents did not cover my living expenses fully, let alone spending money on professional training centers. Living in Vietnam, I used to dream about the U.S. Therefore,I formed several study groups to help myself go through several exams such as TOEFL, CFA, GMAT. Groups lifted me up. I succeeded in getting a scholarship and assistantship to the University of Missouri (MBA degree) and later to Harvard University (MPP degree). If I can do so, then many disadvantaged students in Vietnam and developing countries can do it, too. Living with limited financial support can push yourself toward a very creative solution and strong fighting spirit.

Impact: What is the impact of the work to date? Also describe the projected future impact for the coming years.

We operates for 6 months. We gathered so many groups together. Some of them dissolve after a few months due to lack of direction, lack of cohesiveness. We continue to change the model to adapt: we invent 2+1 model (instructor-led group) with very positive feedback. We also organized several book exchange events, and seminars to help disadvantaged undergrad students with living abroad and searching for scholarship. Curently, a study group of IELTS is being led by an instructor and a group facilitator. Education reform is everything we are trying to achieve. We do not have much quantitative data information. However, we can say that we reach and help hundreds undergrad in the potential market of 300,000 undergrad in Ho Chi Minh city. About qualitative data, we help improve communication skills, teamwork, organizing skills, leadership skills via group activities.No NPO address this
Sustainability

Financial Sustainability Plan: What is this solution’s plan to ensure financial sustainability?

We collect membership fees from members. We are calling for donation and sponsorship. However, we do not rely on these fundings to grow. We need the fund for initial start-up. Membership fees cover 50% of our operation expenses The other revenue source: from providing GMAT mock test to some premium users (businessmen, white-collar employees), cause-related marketing fee from other organizations and for-profit organizations (Cover 50% expense)

Marketplace: Who else is addressing the problem outlined here? How does the proposed project differ from these approaches?

We discover that no organization is currently addressing this problem after some extensive research, in Vietnam or any other developing countries. As we mentioned, public libraries did not render the service and professional training centers do no cover this issue either. Af first, we intended to make money as a maximizing profit organization. However, we change our model to NPO. We still generate revenues and reinvest in our facility to serve disadvantaged students with strong passion to perform and improve.
Team

Founding Story

The idea came very naturally to me 5 months ago, after several months of incubation and research. I discovered the African proverb saying "If you want to go fast, go alone. If you want to go far, go together". From that moment on, It happened to connect all the dots in me. Yah, it is exactly my story and I want to share it, to make the dreams come true for many other disadvantaged students like me. I talked to my friend and we started looking for a place to set up the organization. We think studying in group is fun and helpful. Of course, self-study still plays an important role to an individual's academic success. Volunteers came and helped with the setup: they rolled the carpet, made the tables and chairs, donated books. How amazing it is

Comments

Phuc Huynh's picture

We are looking for some volunteers and social investors,donors. We can refund your initial investment after a few years if you require, when the organization is fully established.