Project
| ID | INDIGO-POJ-0227 |
|---|---|
| Impact Bond Name - (Value) | Residential care for disabled people |
| Stage of Development - (Value) | Implementation |
| Stage of Development - (Source ID's) | source1,source2 |
| Social Investment Prototype - (Value) | NO |
| Dates - Date outcomes contract signed - (Value) | 2021-05 |
| Dates - Date contracts between all parties signed - (Value) | 2021-06 |
| Dates - Anticipated completion date - (Value) | 2023-09 |
| Dates - Start date of service provision - (Value) | 2021-07 |
| Dates - Anticipated end date of service provision - (Value) | 2023-09 |
| Dates - Actual end date of service provision - (Value) | 2023-09 |
| Dates - (Source ID's) | source2, source1 |
| Dates - (Notes) | In this case, the main parameters of the contract, such as social effects, outcome metrics, target beneficiares, start and end date of service provision, investment and outcome payments were set in the regional government legal act (source2), which is considered as an outcomes contract. After the signing of the regional legal act, all other contracts are signed between the project participants. |
| Jurisdiction - Jurisdiction - (Value) | RU |
| Overall project finance - Total investment commitment - Currency - (Value) | Russian Ruble |
| Overall project finance - Total investment commitment - Amount - Min - (Value) | 29173200 |
| Overall project finance - Total investment commitment - Amount USD - Min - (Value) | 401152.861389869 |
| Overall project finance - Maximum potential outcome payment - Currency - (Value) | Russian Ruble |
| Overall project finance - Maximum potential outcome payment - Amount - (Value) | 30923600 |
| Overall project finance - Maximum potential outcome payment - Amount USD - (Value) | 425222.143079119 |
| Overall project finance - Maximum potential loss - (Value) | 1 |
| Overall project finance - (Source ID's) | source2 |
| Purpose and classifications - Social challenge - (Value) | More than 3000 citizens with mental disorders of the Chelyabinsk Oblast receive social services in a residential form in psycho-neurological boarding house (PNBH). The challenges that the system faces are: - The high cost of this form of service for the region; - There are practically no alternatives to the residential form; - Limited opportunities for self-realization and employment of citizens with mental disorders; - High risk of getting citizens with mental disorders living with elderly parents into PNBH. |
| Purpose and classifications - Intervention - (Value) | The project aims at achieving adaptation of disabled people to the conditions of accompanied living in separate houses with their subsequent transition to independent living with regular and (or) periodic support (16 citizens from PNBH) and to the conditions of accompanied individual living at home (8 citizens living at home with parents/guardians). The focus is on the development of their independence and self-realization, development of working skills, gaining work experience and employment. |
| Purpose and classifications - Policy sector - (Value) | Health |
| Purpose and classifications - Primary SDG goal - (Value) | 3 |
| Purpose and classifications - Secondary SDG goals - (Value) | 10 |
| Service and beneficiaries - Target population - (Value) | Group 1: people 18 years old and over with disabilities, living in the Chelyabisk Oblast, receiving social services in a residential form (in a residential social service organization) (16 persons) Group 2: people 18 years old and over with disabilities, living at home (at the place of residence) in the Chelyabisk Oblast, recognized as needing social services in a residential form, and have never received social services in a residential form (8 persons) |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 24 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source2 |
| Changes to project due to COVID-19 - (Value) | Continue on outcomes contract without variations |
| Changes to project due to COVID-19 - (Source ID's) | source2 |
| Delivery Locations 1: Service Provision ID - (Value) | aerviceprovision1 |
| Delivery Locations 1: Location - Name - (Value) | The city of Chelyabinsk, Chelyabinsk Oblast |
| Delivery Locations 1: Location - Country - (Value) | RU |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 55.1668 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 61.4484 |
| Delivery Locations 1: Adminstrative geography - Name - (Value) | Chelyabinsk |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Information about the project on the official web-site of VEB.RF |
| Sources 1: Type - (Value) | Website |
| Sources 1: URL - (Value) | https://вэб.рф/ustojchivoe-razvitie/socialnoe-finansirovanie-test/socialnye-proekty/project-05/ |
| Sources 1: Publication Date - (Value) | 2021 |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Decree of the Government of the Chelyabinsk Oblast of May 21, 2021 No. 187-P "On the implementation in the Chelyabinsk Oblast of the social impact project in the field of social services for the population". Official Internet portal of legal information |
| Sources 2: Type - (Value) | Contract |
| Sources 2: URL - (Value) | http://publication.pravo.gov.ru/Document/View/7400202105270009 |
| Sources 2: Publication Date - (Value) | 2021 |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | Decree of the Government of the Russian Federation of November 21, 2019 No. 1491 "On the organization of pilot testing of social impact projects by the constituent entities of the Russian Federation in 2019 - 2024". Official Internet portal of legal information |
| Sources 3: Type - (Value) | Website |
| Sources 3: URL - (Value) | http://publication.pravo.gov.ru/Document/View/0001201911290005 |
| Sources 3: Publication Date - (Value) | 2019 |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1268 |
| Service Provisions 1: Organisation Role Category - (Value) | Nonprofit/NGO |
| Service Provisions 1: Planned Service - Start - (Value) | 2021-07 |
| Service Provisions 1: Planned Service - End - (Value) | 2023-09 |
| Service Provisions 1: Actual Service - Start - (Value) | 2021-07 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1269 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Currency - (Value) | Russian Ruble |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value) | 30923600 |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount USD - (Value) | 425222.143079119 |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-1270 |
| Investments 1: Organisation Role Category - (Value) | Commercial |
| Investments 1: Investment Commitment - Currency - (Value) | Russian Ruble |
| Investments 1: Investment Commitment - Amount - Min - (Value) | 29173200 |
| Investments 1: Investment Commitment - Amount USD - Min - (Value) | 401152.861389869 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0525 |
| Intermediary services 1: Organisation Role Category - (Value) | Other |
| Intermediary services 1: Other Role Description - (Value) | VEB.RF acts as operator, doing consulting support, monitoring of project implementation, ensuring an independent assessment of the achievement of social effect, checking compliance with the conditions and goals of the implementation of the grant agreement concluded between the authorized body and the project organizer. |
| Intermediary services 1: Notes | Consulting support from case to case includes Impact bond design, Financial and commercial modeling, Capital raise, developing Performance management indicators, Legal counsel, Technical assistance. |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | The number of disabled people from Group 1, who switched to independent living with periodic company in the form of social services at the place of residence (at home). |
| Outcome Metrics 1: Target Population - (Value) | Group 1: people 18 years old and over with disabilities, living in the Chelyabisk Oblast, receiving social services in a residential form (in a residential social service organization). |
| Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value) | 16 |
| Outcome Metrics 1: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 1: Outcome metric target - (Value) | 5 individuals |
| Outcome Metrics 1: Outcome validation Method - (Value) | Simple Ex-post verification |
| Outcome Metrics 1: Data source for Outcome validation - (Value) | New data collected |
| Outcome Metrics 1: Primary SDG goal - (Value) | 10 |
| Outcome Metrics 1: Primary SDG target - (Value) | 10.2 |
| Outcome Metrics 1: Notes | The success of the project will be recognized provided that at least 90% of the target level is achieved for each of the indicators. |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | The number of disabled people from Group 2, who continued independent living with periodic company in the form of social services at the place of residence (at home). |
| Outcome Metrics 2: Target Population - (Value) | Group 2: people 18 years old and over with disabilities, living at home (at the place of residence) in the Chelyabisk Oblast, recognized as needing social services in a residential form, and have never received social services in a residential form. |
| Outcome Metrics 2: Targeted number of service users Or beneficiaries (total) - (Value) | 8 |
| Outcome Metrics 2: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 2: Outcome metric target - (Value) | 5 individuals |
| Outcome Metrics 2: Outcome validation Method - (Value) | Simple Ex-post verification |
| Outcome Metrics 2: Data source for Outcome validation - (Value) | New data collected |
| Outcome Metrics 2: Primary SDG goal - (Value) | 10 |
| Outcome Metrics 2: Primary SDG target - (Value) | 10.2 |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | The number of people with disabilities from group 1 and group 2 who confirmed positive changes in their condition and (or) living conditions (satisfaction) as a result of the project. |
| Outcome Metrics 3: Target Population - (Value) | People from Group 1 and Group 2 (see above) |
| Outcome Metrics 3: Targeted number of service users Or beneficiaries (total) - (Value) | 24 |
| Outcome Metrics 3: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 3: Outcome metric target - (Value) | 80% of the group |
| Outcome Metrics 3: Outcome validation Method - (Value) | Simple Ex-post verification |
| Outcome Metrics 3: Data source for Outcome validation - (Value) | New data collected |
| Outcome Metrics 3: Primary SDG goal - (Value) | 10 |
| Outcome Metrics 3: Primary SDG target - (Value) | 10.2 |
| Outcome Metrics 4: Id | outcomemetric4 |
| Outcome Metrics 4: Outcome Definition - (Value) | The number of people with disabilities from group 1 and group 2 who gained work experience (social and labor rehabilitation), including work experience from special workshops (at least 400 hours of experience for each person during the life of the project). |
| Outcome Metrics 4: Target Population - (Value) | People from Group 1 and Group 2 (see above) |
| Outcome Metrics 4: Targeted number of service users Or beneficiaries (total) - (Value) | 24 |
| Outcome Metrics 4: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 4: Outcome metric target - (Value) | 75% of the group |
| Outcome Metrics 4: Outcome validation Method - (Value) | Simple Ex-post verification |
| Outcome Metrics 4: Data source for Outcome validation - (Value) | New data collected |
| Outcome Metrics 4: Primary SDG goal - (Value) | 8 |
| Outcome Metrics 4: Primary SDG target - (Value) | 8.5 |