Project
| ID | INDIGO-POJ-0036 |
|---|---|
| Impact Bond Name - (Value) | Quality Education India Development Impact Bond |
| Stage of Development - (Value) | Complete |
| Stage of Development - (Source ID's) | source9 |
| Dates - Date outcomes contract signed - (Value) | 2018-07 |
| Dates - Start date of service provision - (Value) | 2018-04 |
| Dates - Anticipated end date of service provision - (Value) | 2022-07 |
| Dates - (Source ID's) | source2,source8 |
| Jurisdiction - Jurisdiction - (Value) | IN |
| Jurisdiction - (Notes) | source2 |
| Overall project finance - Total investment commitment - Currency - (Value) | USD |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 3000000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 3000000 |
| Overall project finance - Maximum potential outcome payment - Currency - (Value) | USD |
| Overall project finance - Maximum potential outcome payment - Amount - (Value) | 9180000 |
| Overall project finance - Maximum potential outcome payment - Amount USD - (Value) | 9180000 |
| Overall project finance - Maximum potential loss - (Value) | 3000000 |
| Overall project finance - Maximum potential return type - (Value) | IRR |
| Overall project finance - Maximum potential return - (Value) | 0.08 |
| Overall project finance - Configuration of the Contracting Parties - (Value) | Framework contract between main parties with individual sub-contracts |
| Overall project finance - Investor repayment - (Value) | 8 |
| Overall project finance - (Source ID's) | source2,source8,source9 |
| Overall project finance - (Notes) | The investor achieved the targeted return. |
| Purpose and classifications - Social challenge - (Value) | While India has made considerable progress towards achieving universal primary school enrolment, the quality of education remains a key challenge. Many Indian children still lack basic literacy and numeracy skills, exacerbated even further with the COVID-19 pandemic. |
| Purpose and classifications - Intervention - (Value) | The QEI DIB aims to support the education crisis in India by funding four high performing service providers to improve grade appropriate learning outcomes for more than 200,000 primary school aged children over four years. The service providers are KEF, GyanShala, SARD and Pratham Infotech Foundation.The service providers are delivering four interventions with a mix of direct and indirect education model types, including: directly operating classroom (direct), supplementary programmes (direct), and teacher/ school leader training (in-direct). |
| Purpose and classifications - Policy sector - (Value) | Education |
| Purpose and classifications - Primary SDG goal - (Value) | 4 |
| Purpose and classifications - (Source ID's) | source4,source1,source9 |
| Service and beneficiaries - Target population - (Value) | Primary school-aged children |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 300000 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - Actual number of unique service users or beneficiaries engaged (total) - (Value) | 200000 |
| Service and beneficiaries - Unit type of actual service users or beneficiaries engaged - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source1,source9 |
| Delivery Locations 1: Service Provision ID - (Value) | servicedelivery1 |
| Delivery Locations 1: Location - Name - (Value) | Gujarat |
| Delivery Locations 1: Location - Country - (Value) | IN |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 22.309425 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 72.13623 |
| Delivery Locations 2: Service Provision ID - (Value) | servicedelivery2 |
| Delivery Locations 2: Location - Name - (Value) | Mumbai |
| Delivery Locations 2: Location - Country - (Value) | IN |
| Delivery Locations 2: Lat/Lng - Lat - (Value) | 19.07609 |
| Delivery Locations 2: Lat/Lng - Lng - (Value) | 72.877426 |
| Delivery Locations 3: Service Provision ID - (Value) | servicedelivery3 |
| Delivery Locations 3: Location - Name - (Value) | Uttar Pradesh |
| Delivery Locations 3: Location - Country - (Value) | IN |
| Delivery Locations 3: Lat/Lng - Lat - (Value) | 28.207609 |
| Delivery Locations 3: Lat/Lng - Lng - (Value) | 79.82666 |
| Delivery Locations 4: Service Provision ID - (Value) | servicedelivery4 |
| Delivery Locations 4: Location - Name - (Value) | NCR Delhi |
| Delivery Locations 4: Location - Country - (Value) | IN |
| Delivery Locations 4: Lat/Lng - Lat - (Value) | 28.6448 |
| Delivery Locations 4: Lat/Lng - Lng - (Value) | 77.216721 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Erskine, C. (Forthcoming). Quality Education India Development Impact Bond: A case study produced as part of the DFID DIBs pilot programme evaluation. P.1. |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Communication with Ecorys |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | Erskine, C. (Forthcoming). Quality Education India Development Impact Bond: A case study produced as part of the DFID DIBs pilot programme evaluation. P.3. |
| Sources 4: Id | source4 |
| Sources 4: Name - (Value) | Erskine, C. (Forthcoming). Quality Education India Development Impact Bond: A case study produced as part of the DFID DIBs pilot programme evaluation. P.2. |
| Sources 5: Id | source5 |
| Sources 5: Name - (Value) | Erskine, C. (Forthcoming). Quality Education India Development Impact Bond: A case study produced as part of the DFID DIBs pilot programme evaluation. P.7. |
| Sources 6: Id | sourcehackandlearn2021 |
| Sources 6: Name - (Value) | Hack and Learn - March 2021 |
| Sources 7: Id | source8 |
| Sources 7: Name - (Value) | Erskine, C. Quality Education India Development Impact Bond: A case study produced as part of the DFID DIBs pilot programme evaluation. P.1. |
| Sources 7: Type - (Value) | Report |
| Sources 7: URL - (Value) | https://golab.bsg.ox.ac.uk/documents/QEI-Case-Study-v5_SSbM5ii.pdf |
| Sources 8: Id | source9 |
| Sources 8: Name - (Value) | Media release on Final year results from the Quality Education India Development Impact Bond |
| Sources 8: Type - (Value) | Website |
| Sources 8: URL - (Value) | https://qualityeducationindiadib.com/2318-2/ |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-0179 |
| Service Provisions 1: Intervention - (Value) | Gyan Shala delivered a direct classrooms programme for children in urban slums |
| Service Provisions 2: Id | serviceprovision2 |
| Service Provisions 2: Organisation ID - (Value) | INDIGO-ORG-0180 |
| Service Provisions 2: Intervention - (Value) | Kaivalya Education Foundation delivered an indirect, whole school management programme that focussed on school leader training |
| Service Provisions 3: Id | serviceprovision3 |
| Service Provisions 3: Organisation ID - (Value) | INDIGO-ORG-1199 |
| Service Provisions 3: Intervention - (Value) | Society for All Round Development implemented two interventions, one direct model (remedial education) and one in-direct (teacher training) |
| Service Provisions 4: Id | serviceprovision4 |
| Service Provisions 4: Organisation ID - (Value) | INDIGO-ORG-1245 |
| Service Provisions 4: Intervention - (Value) | Educational Initiatives and Pratham Infotech Foundation delivered a computer-based adaptive learning platform (Mindspark) to close learning gaps and provide actionable data to teachers to improve learning |
| Service Provisions 5: Id | serviceprovision5 |
| Service Provisions 5: Organisation ID - (Value) | INDIGO-ORG-1462 |
| Service Provisions 5: Intervention - (Value) | Educational Initiatives and Pratham Infotech Foundation delivered a computer-based adaptive learning platform (Mindspark) to close learning gaps and provide actionable data to teachers to improve learning |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0185 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Nonprofit/NGO |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value) | 3746939 |
| Outcome Payment Commitments 1: Notes | Michael and Susan Dell Foundation were anchor funders. |
| Outcome Payment Commitments 2: Organisation ID - (Value) | INDIGO-ORG-0186 |
| Outcome Payment Commitments 3: Organisation ID - (Value) | INDIGO-ORG-0187 |
| Outcome Payment Commitments 4: Organisation ID - (Value) | INDIGO-ORG-0188 |
| Outcome Payment Commitments 5: Organisation ID - (Value) | INDIGO-ORG-1463 |
| 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) | 3000000 |
| Investments 1: Investment Commitment - Amount USD - Exact - (Value) | 3000000 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0181 |
| Intermediary services 1: Organisation Role Category - (Value) | Performance management |
| Intermediary services 2: Organisation ID - (Value) | INDIGO-ORG-0183 |
| Intermediary services 2: Organisation Role Category - (Value) | Other |
| Intermediary services 2: Other Role Description - (Value) | Outcome evaluator |
| Intermediary services 3: Organisation ID - (Value) | INDIGO-ORG-0190 |
| Intermediary services 3: Organisation Role Category - (Value) | Other |
| Intermediary services 3: Other Role Description - (Value) | Convenor and intermediary |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Learning outcome improvement 1. Learning outcome improvement: standard deviation (standard points of variation around the mean) as a difference from the comparison group performance. (Directly operating in classrooms) |
| 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) | Learning outcome improvement 2. Learning outcome improvement: standard deviation (standard points of variation around the mean) as a difference from the comparison group performance. (Remedial programmes) |
| 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 |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | Learning outcome improvement 3. Learning outcome improvement: standard deviation (standard points of variation around the mean) as a difference from the comparison group performance. (teacher/principal training) |
| Outcome Metrics 3: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 3: Secondary SDG goals - (Value) | 4 |
| Outcome Metrics 3: Primary SDG target - (Value) | 4.1 |
| Outcome Metrics 3: Secondary SDG targets - (Value) | 4.5 |
| Results 1: Result level - (Value) | Project level |
| Results 1: Result type - (Value) | Final |
| Results 1: Period - Start - (Value) | 2018-04 |
| Results 1: Period - End - (Value) | 2022-09 |
| Results 1: Outcomes achieved - (Value) | Students in the programme learned 2.5 times more than those in non-participating schools. Despite the challenges of COVID-19, students continued to show learning gains in the programme. Twice as many students achieved age-appropriate learning levels compared to non-participating schools. Personalised and Adaptive Learning through technology showed 5x the learning gains for students. Community support also played a significant role in increasing engagement and learning gains as it involved higher contact time with the students. |
| Results 1: Outcomes validator(s) - (Value) | INDIGO-ORG-0183 |
| Results 1: Evaluation Documents - (Value) | source9 |
| Documents 1: Title - (Value) | Case Study - Quality Education in India |
| Documents 1: URL - (Value) | https://golab.bsg.ox.ac.uk/knowledge-bank/case-studies/quality-education-india-dib/ |
| Documents 2: Title - (Value) | Report - Quality Education in India |
| Documents 2: URL - (Value) | https://golab.bsg.ox.ac.uk/knowledge-bank/resources/quality-education-india-report/ |