Default Noob needs help with Telefunken tablet.

I bought a Telefunken tablet for my daughter the spec seemed pretty good on it, and for a bargain price of 99.
The model number is TF-MID1001G.
Now the problem is it is running very slow almost to the point it becomes useless. I was wondering if I could some how root it and install a faster Rom that would be less demanding on the tablet.
Any help would be much appreciated, and I am sorry if this thread is in the wrong place.

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