Project
| ID | INDIGO-POJ-0211 |
|---|---|
| Impact Bond Name - (Value) | CREO - Crecemos con empleo y oportunidades (We grow with employment and opportunities) |
| Stage of Development - (Value) | Implementation |
| Stage of Development - (Source ID's) | source1 |
| Dates - Date outcomes contract signed - (Value) | 2021-02 |
| Dates - Start date of service provision - (Value) | 2021-04 |
| Dates - Anticipated end date of service provision - (Value) | 2022-02 |
| Dates - (Source ID's) | source1 |
| Overall project finance - Total investment commitment - Currency - (Value) | COP |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 1357000000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 392393 |
| Overall project finance - (Source ID's) | source1 |
| Purpose and classifications - Social challenge - (Value) | Unemployment |
| Purpose and classifications - Intervention - (Value) | The intervention aims to provide services for job placement and retention of vulnerable people in formal jobs, that include mentoring, skills training, labor intermediation services, soft skills development, psychosocial counselling, among others |
| Purpose and classifications - Policy sector - (Value) | Employment and training |
| Purpose and classifications - (Source ID's) | source1 |
| Service and beneficiaries - Target population - (Value) | Unemployed vulnerable individuals |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 346 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source1 |
| Outcome Funds 1: Id | INDIGO-FUND-0024 |
| Delivery Locations 1: Service Provision ID - (Value) | serviceprovision1 |
| Delivery Locations 1: Location - Name - (Value) | Metropolitan area of Medellin |
| Delivery Locations 1: Location - Country - (Value) | CO |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 6.25184 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | -75.56359 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Press release from the Department of Social Prosperity (Colombia) - in Spanish. |
| Sources 1: Type - (Value) | Website |
| Sources 1: Archive URL - (Value) | https://prosperidadsocial.gov.co/Noticias/lanzan-creo-tercer-bono-de-impacto-social-en-empleo-implementado-en-colombia/ |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | CREO Impact Bond launch event - recording |
| Sources 2: Type - (Value) | Website |
| Sources 2: Archive URL - (Value) | https://www.facebook.com/Prosperidad.Social/videos/497817694674250/ |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1215 |
| Service Provisions 1: Organisation Role Category - (Value) | Other |
| Service Provisions 2: Organisation ID - (Value) | INDIGO-ORG-1216 |
| Service Provisions 2: Organisation Role Category - (Value) | Foundation/Philanthropist |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1052 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 2: Organisation ID - (Value) | INDIGO-ORG-0510 |
| Outcome Payment Commitments 2: Notes | The IDB Lab has funding from the Swiss Secretariat of Economic Affairs (SECO) |
| Outcome Payment Commitments 3: Organisation ID - (Value) | INDIGO-ORG-0282 |
| Investments 1: Id | investor1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-1215 |
| Investments 2: Id | investor2 |
| Investments 2: Organisation ID - (Value) | INDIGO-ORG-1216 |
| Investments 2: Organisation Role Category - (Value) | Foundation/Philanthropist |
| Investments 3: Id | investor3 |
| Investments 3: Organisation ID - (Value) | INDIGO-ORG-1217 |
| Investments 3: Organisation Role Category - (Value) | High Net Worth Individual/Family Office/Private Bank |
| Investments 4: Id | investor4 |
| Investments 4: Organisation ID - (Value) | INDIGO-ORG-1218 |
| Investments 4: Organisation Role Category - (Value) | Foundation/Philanthropist |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-1215 |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Job placement in formal employment |
| Outcome Metrics 1: Target Population - (Value) | Unemployed vulnerable individuals from the metropolitan area of Medellin |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 346 |
| Outcome Metrics 1: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 1: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 1: Primary SDG target - (Value) | 4.5 |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Three-month job retention |
| Outcome Metrics 2: Target Population - (Value) | Unemployed vulnerable individuals from the metropolitan area of Medellin |
| Outcome Metrics 2: Targeted number of service users Or beneficiaries (total) - (Value) | 270 |
| Outcome Metrics 2: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 2: Primary SDG goal - (Value) | 4 |
| Outcome Metrics 2: Primary SDG target - (Value) | 4.5 |