Project
| ID | INDIGO-POJ-0035 |
|---|---|
| Impact Bond Name - (Value) | Educate Girls |
| Alternative Names - (Value) | Educate Girls Development Impact Bond |
| Stage of Development - (Value) | Complete |
| Stage of Development - (Source ID's) | source15 |
| Social Investment Prototype - (Value) | NO |
| Dates - Date outcomes contract signed - (Value) | 2015-05 |
| Dates - Date contracts between all parties signed - (Value) | 2015-05 |
| Dates - Anticipated completion date - (Value) | 2018-05 |
| Dates - Actual completion date - (Value) | 2018-05 |
| Dates - Start date of service provision - (Value) | 2015-06 |
| Dates - Anticipated end date of service provision - (Value) | 2018-02 |
| Dates - Actual end date of service provision - (Value) | 2018-02 |
| Dates - (Source ID's) | source3 |
| Dates - (Notes) | There are various contracts (all signed on May 1, 2015): 1. Outcomes Payment Contract: UBS (investor) & Children's Investment Fund Foundation (outcome payer) 2. Framework Agreement: all parties UBS, CIFF, Educate Girls, IDinsight (evaluator), and Instiglio (project manager) 3. Grant & Service Agreement: UBS and Educate Girls 4. Evaluation Agreement. CIFF and IDinsight |
| Overall project finance - Total investment commitment - Currency - (Value) | CHF |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 267731 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 292897.714 |
| Overall project finance - Maximum potential outcome payment - Currency - (Value) | USD |
| Overall project finance - Maximum potential outcome payment - Amount - (Value) | 422000 |
| Overall project finance - Maximum potential outcome payment - Amount USD - (Value) | 422000 |
| Overall project finance - Maximum potential loss - (Value) | 1 |
| Overall project finance - Maximum potential return type - (Value) | IRR |
| Overall project finance - Maximum potential return - (Value) | 0.15 |
| Overall project finance - Investor repayment - (Value) | USD 422000 |
| Overall project finance - Total outcome payments made - Currency - (Value) | USD |
| Overall project finance - Total outcome payments made - Amount - (Value) | 422000 |
| Overall project finance - Total outcome payments made - Amount USD - (Value) | 422000 |
| Overall project finance - (Source ID's) | source15 |
| Purpose and classifications - Intervention - (Value) | Educate Girls utilises an integrated community-based approach to provide education to young girls aged 6-14 in Rajasthan India. Educate Girls strong community ties provides them with a unique position to positively influence and communicate the value of education within rural Indian communities in Rajasthan. Educate Girls understanding of the cultural context and its flexible teaching approach, allows them to create tailored teaching programmes that adapt to the needs of the end user, which ultimately improves the quality of their education. |
| Purpose and classifications - Policy sector - (Value) | Education |
| Purpose and classifications - (Source ID's) | source8,source2 |
| Service and beneficiaries - Target population - (Value) | Out-of-school girls in Rajasthan. Educate Girls compiled and maintained a census of out-of-school girls in treatment villages, which IDinsight validated each year. |
| Service and beneficiaries - Actual number of unique service users or beneficiaries engaged (total) - (Value) | 18260 |
| Service and beneficiaries - Unit type of actual service users or beneficiaries engaged - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source9, source15 |
| Delivery Locations 1: Location - Name - (Value) | Rajasthan, India |
| Delivery Locations 1: Location - Country - (Value) | IN |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 26.881736 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 75.826324 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Idinsight. (2018). Educate Girls DIB: Final Evaluation Report. P. Cover Page. |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Idinsight. (2018). Educate Girls DIB: Final Evaluation Report. P.4. |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | Idinsight. (2018). Educate Girls DIB: Final Evaluation Report. P.5. |
| Sources 4: Id | source4 |
| Sources 4: Name - (Value) | Children’s Investment Fund Foundation, Website. Accessed 26.07.2019. Available at: https://ciff.org/grant-portfolio/education-development-impact-bond/. |
| Sources 5: Id | source6 |
| Sources 5: Name - (Value) | Idinsight. (2018). Educate Girls DIB: Final Evaluation Report. P.9. |
| Sources 6: Id | source7 |
| Sources 6: Name - (Value) | Educate Girls. (2018). Lessons from the Educate Girls DIB. P.7. |
| Sources 7: Id | source8 |
| Sources 7: Name - (Value) | Educate Girls. (2018). Lessons from the Educate Girls DIB. P.4. |
| Sources 8: Id | source9 |
| Sources 8: Name - (Value) | Idinsight. (2018). Educate Girls DIB: Final Evaluation Report. P.22. |
| Sources 9: Id | source10 |
| Sources 9: Name - (Value) | Idinsight. (2018). Educate Girls DIB: Final Evaluation Report. P.13. |
| Sources 10: Id | source11 |
| Sources 10: Name - (Value) | Educate Girls. (2018). Lessons from the Educate Girls DIB. P.8. |
| Sources 11: Id | source12 |
| Sources 11: Name - (Value) | Idinsight. (2018). Educate Girls DIB: Final Evaluation Report. |
| Sources 12: Id | sourcehackandlearn2021 |
| Sources 12: Name - (Value) | Hack and Learn - March 2021 |
| Sources 13: Id | source15 |
| Sources 13: Name - (Value) | Email correspondence with Instiglio on August 2021. |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-0182 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0533 |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Currency - (Value) | USD |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value) | 422000 |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount USD - (Value) | 422000 |
| Outcome Payment Commitments 1: Period - Start - (Value) | 2015-06 |
| Outcome Payment Commitments 1: Period - End - (Value) | 2018-06 |
| Outcome Payment Commitments 1: Total outcome payments made - Currency - (Value) | USD |
| Outcome Payment Commitments 1: Total outcome payments made - Amount - (Value) | 422000 |
| Outcome Payment Commitments 1: Total outcome payments made - Amount USD - (Value) | 422000 |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-0534 |
| Investments 1: Investment Commitment - Currency - (Value) | USD |
| Investments 1: Investment Commitment - Amount - Exact - (Value) | 292897.714 |
| Investments 1: Investment Commitment - Amount USD - Exact - (Value) | 292897.714 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0279 |
| Intermediary services 1: Organisation Role Category - (Value) | Performance management |
| Intermediary services 2: Organisation ID - (Value) | INDIGO-ORG-0982 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Outcome 1: Learning Gains. Aggregate learning gains for all students in grades 3-5 as measured by ASER test scores relative to control group. |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 9041 |
| Outcome Metrics 1: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 1: Unit description of Service user or beneficiaries - (Value) | Children |
| Outcome Metrics 1: Outcome metric target - (Value) | + 5,592 ASER learning levels above control group gains |
| Outcome Metrics 1: Outcome validation Method - (Value) | Clustered (village-level) randomized controlled trial |
| Outcome Metrics 1: Policy sector - (Value) | Education |
| Outcome Metrics 1: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 1: Secondary SDG goals - (Value) | 4 |
| Outcome Metrics 1: Primary SDG target - (Value) | 4.1 |
| Outcome Metrics 1: Secondary SDG targets - (Value) | 4.5 |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Outcome 2: Enrollment. Student enrolment defined by the of out-of-school girls (between age 7 and 14) enrolled in school by the end of the third year. |
| Outcome Metrics 2: Targeted number of service users Or beneficiaries (total) - (Value) | 662 |
| Outcome Metrics 2: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 2: Unit description of Service user or beneficiaries - (Value) | Girls |
| Outcome Metrics 2: Outcome metric target - (Value) | 79% of all eligible out-of-school girls |
| Outcome Metrics 2: Outcome validation Method - (Value) | Pre-post comparison |
| Outcome Metrics 2: Policy sector - (Value) | Education |
| Outcome Metrics 2: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 2: Secondary SDG goals - (Value) | 4 |
| Outcome Metrics 2: Primary SDG target - (Value) | 4.1 |
| Outcome Metrics 2: Secondary SDG targets - (Value) | 4.5 |
| Documents 1: Title - (Value) | Case Study - Educate Girls |
| Documents 1: URL - (Value) | https://golab.bsg.ox.ac.uk/knowledge-bank/case-studies/educate-girls/ |
| Documents 2: Title - (Value) | Final evaluation - Educate Girls |
| Documents 2: URL - (Value) | https://golab.bsg.ox.ac.uk/knowledge-bank/resources/educate-girls-final-report/ |