Project
| ID | INDIGO-POJ-0031 |
|---|---|
| Impact Bond Name - (Value) | L'Association pour le Droit à l'Initiative Economique (Association for the Right to the Economic Initiative) ADIE |
| Stage of Development - (Value) | Implementation |
| Dates - Date outcomes contract signed - (Value) | 2016-11 |
| Dates - Start date of service provision - (Value) | 2017-01 |
| Dates - (Source ID's) | source2,source3 |
| Overall project finance - Total investment commitment - Currency - (Value) | EUR |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 1200000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 1327382.048 |
| Purpose and classifications - Intervention - (Value) | The intervention aims at promoting the professional insertion of populations living in isolated and economically precarious rural regions through the provision of microcredit, which would be used to either create businesses or facilitate access to employment (e.g. transportation). The provider will use innovative methods, including remote support for microcredit application process, as well as personalised guidance services carried out by volunteers at the participant's home or new workplace (e.g. legal, commercial, financial advice). |
| Purpose and classifications - Policy sector - (Value) | Employment and training |
| Purpose and classifications - (Source ID's) | source4 |
| Service and beneficiaries - Target population - (Value) | Individuals who are looking for jobs and are beneficiaries of social welfare programs, or who are eganged in precarious employment, living in isolated rural communities. |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 320 |
| Service and beneficiaries - (Source ID's) | source4 |
| Delivery Locations 1: Location - Name - (Value) | Ariège, Allier, Saone-et-Loire, Nièvre, Hautes-Alpes, Alpes de Haute-Provence, France |
| Delivery Locations 1: Location - Country - (Value) | FR |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 48.815241 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 2.348448 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Ministère de l'Économie et des Finances, "Dossier de Présentation - Conférence sur l'Investissement à l'Impact Social" (24/11/2016), (trans.) Presentation Brief - Social Impact Investment Conference (Ministry of the Economy and Public Finances) - p.5 |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Ministère de l'Économie et des Finances, "Dossier de Présentation - Conférence sur l'Investissement à l'Impact Social" (24/11/2016), (trans.) Presentation Brief - Social Impact Investment Conference (Ministry of the Economy and Public Finances) - p.9 |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | Communiqué de presse, "Michel Sapin et Martine Pinville signent les deux premiers contrats à impact social en présence du Président de la République " (24/11/2016), (trans.) press release - Sapin and Pinville sign first SIB contracts in the presence of the president |
| Sources 4: Id | source4 |
| Sources 4: Name - (Value) | Ministère de l'Économie et des Finances, "Dossier de Présentation - Conférence sur l'Investissement à l'Impact Social" (24/11/2016), (trans.) Presentation Brief - Social Impact Investment Conference (Ministry of the Economy and Public Finances) - p.8 |
| Sources 5: Id | source5 |
| Sources 5: Name - (Value) | Ministère de l'Économie et des Finances, "Dossier de Présentation - Conférence sur l'Investissement à l'Impact Social" (24/11/2016), (trans.) Presentation Brief - Social Impact Investment Conference (Ministry of the Economy and Public Finances) - p.6 |
| Sources 6: Id | source6 |
| Sources 6: Name - (Value) | Mécénova, 'Contrats à Impact Social: quel bilan, 2 ans après leur arrivée en France?' (trans., Social Impact Contracts: what are the results 2 years after their implementation in France?), http://www.mecenova.org/contrats-a-impact-social-quel-bilan-2-ans-apres-leur-arrivee-en-france/; KPMG, "Social Impact Bonds: Foreign best practices", https://home.kpmg/be/en/home/insights/2018/06/social-impact-bonds-foreign-best-practices.html |
| Sources 7: Id | source7 |
| Sources 7: Name - (Value) | KPMG, "Social Impact Bonds: Foreign best practices", https://home.kpmg/be/en/home/insights/2018/06/social-impact-bonds-foreign-best-practices.html |
| Sources 8: Id | source8 |
| Sources 8: Name - (Value) | Own calculation, based on Ministère de l'Économie et des Finances, "Dossier de Présentation - Conférence sur l'Investissement à l'Impact Social" (24/11/2016), (trans.) Presentation Brief - Social Impact Investment Conference (Ministry of the Economy and Public Finances) - p.9 |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-0238 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0021 |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value) | 1500000 |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-0018 |
| Investments 2: Id | investment2 |
| Investments 2: Organisation ID - (Value) | INDIGO-ORG-0023 |
| Investments 3: Id | investment3 |
| Investments 3: Organisation ID - (Value) | INDIGO-ORG-0240 |
| Investments 4: Id | investment4 |
| Investments 4: Organisation ID - (Value) | INDIGO-ORG-0241 |
| Investments 5: Id | investment5 |
| Investments 5: Organisation ID - (Value) | INDIGO-ORG-0242 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0239 |
| Intermediary services 1: Organisation Role Category - (Value) | Performance management |
| Intermediary services 2: Organisation ID - (Value) | INDIGO-ORG-0018 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Increase in stable employment. Increase number of participants who transition from unstable to stable employment, either through the creation of personal business ventures or regular employment. |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 320 |
| Outcome Metrics 1: Primary SDG goal - (Value) | 8 |
| Outcome Metrics 1: Primary SDG target - (Value) | 8.3 |
| Outcome Metrics 1: Secondary SDG targets - (Value) | 8.1 |
| Documents 1: Title - (Value) | ADIE case study - Impact Invest Lab |
| Documents 1: URL - (Value) | https://s3.eu-west-2.amazonaws.com/golab.prod/documents/ADIE_Case_Study.pdf |