Project

IDINDIGO-POJ-0079
Impact Bond Name - (Value)Education Improvement Project in the Republic of Sakha (Yakutia)
Stage of Development - (Value)Implementation
Dates - Date outcomes contract signed - (Value)2019-06
Dates - Start date of service provision - (Value)2019-06
Dates - (Source ID's)source1
Overall project finance - Total investment commitment - Currency - (Value)Russian rubles
Overall project finance - Total investment commitment - Amount - Exact - (Value)60000000
Overall project finance - Total investment commitment - Amount USD - Exact - (Value)926653.4693
Purpose and classifications - Intervention - (Value)The project’s aim is to improve the quality of general education, to make human resources more competitive, and to transform the management mechanism of general education, which will ensure sustained improvement in local education. The project’s social outcomes are measured using an educational performance index calculated as a weighted total of grades in the State Final Examinations (Basic State Examination and Unified State Examination) and academic competitions.
Purpose and classifications - Policy sector - (Value)Education
Purpose and classifications - (Source ID's)source1
Service and beneficiaries - Target population - (Value)27 schools, including approximately 5000 schoolchildren and 780 school teachers
Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value)5000
Service and beneficiaries - (Source ID's)source1
Delivery Locations 1: Location - Name - (Value)Khangalassky Municipal District, Republic of Sakha (Yakutia), Russia
Delivery Locations 1: Location - Country - (Value)RU
Delivery Locations 1: Lat/Lng - Lat - (Value)68.947541
Delivery Locations 1: Lat/Lng - Lng - (Value)131.593892
Sources 1: Idsource1
Sources 1: Name - (Value)Aleksandra Lebedeva, Senior Managing Director of VEB.RF
Service Provisions 1: Idserviceprovision1
Service Provisions 1: Organisation ID - (Value)INDIGO-ORG-0523
Outcome Payment Commitments 1: Organisation ID - (Value)INDIGO-ORG-0526
Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value)68,000,000 rubles
Investments 1: Idinvestment1
Investments 1: Organisation ID - (Value)INDIGO-ORG-0527
Investments 1: Investment Commitment - Currency - (Value)Russian rubles
Investments 1: Investment Commitment - Amount - Exact - (Value)60000000
Investments 1: Investment Commitment - Amount USD - Exact - (Value)926653.4693
Intermediary services 1: Organisation ID - (Value)INDIGO-ORG-0615
Intermediary services 1: Organisation Role Category - (Value)Performance management
Intermediary services 2: Organisation ID - (Value)INDIGO-ORG-0525
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)An improvement in teaching results as compared to the year 2019. A 10 per cent increase in weighted total of grades in the State Final Examinations and academic competitions from 2019 to 2022.
Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value)5000
Outcome Metrics 1: Policy sector - (Value)Education
Outcome Metrics 1: Primary SDG goal - (Value)4
Outcome Metrics 1: Secondary SDG goals - (Value)8
Outcome Metrics 1: Primary SDG target - (Value)4.1
Outcome Metrics 1: Secondary SDG targets - (Value)8.5

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