Project
| ID | INDIGO-POJ-0276 |
|---|---|
| Impact Bond Name - (Value) | Rising Academy Network - Sierra Leone Education Innovation Fund |
| Alternative Names - (Value) | Rising Academy Network |
| Stage of Development - (Value) | Implementation |
| Stage of Development - (Source ID's) | source1 |
| Dates - Date outcomes contract signed - (Value) | 2022-09 |
| Dates - Start date of service provision - (Value) | 2022-09 |
| Dates - Anticipated end date of service provision - (Value) | 2025-08 |
| Dates - Anticipated duration of service provision - (Value) | 36 |
| Dates - (Source ID's) | source1, source4 |
| Overall project finance - Total investment commitment - Currency - (Value) | USD |
| Overall project finance - Total investment commitment - Amount - Min - (Value) | 1069370 |
| Overall project finance - Total investment commitment - Amount - Max - (Value) | 1320000 |
| Overall project finance - Maximum potential outcome payment - Currency - (Value) | USD |
| Overall project finance - Maximum potential outcome payment - Amount - (Value) | 2217949 |
| Overall project finance - Maximum potential outcome payment - Amount USD - (Value) | 2217949 |
| Overall project finance - (Source ID's) | source1 |
| Purpose and classifications - Social challenge - (Value) | Lack of student learning in school is a key factor contributing to student dropout in schools. Sierra Leone has one of the highest out-of-school children in primary numbers when compared to similar countries in region. |
| Purpose and classifications - Intervention - (Value) | The Sierra Leone Education Innovation Challenge (SLEIC) is an outcomes-based fund through which 5 Grantees (providers and/or social investors) will implement 5 unique education interventions across five distinct geographical lots that cover all the districts in the country. This is one of the 5 interventions. |
| Purpose and classifications - Policy sector - (Value) | Education |
| Purpose and classifications - Primary SDG goal - (Value) | 4 |
| Purpose and classifications - Secondary SDG goals - (Value) | 1, 3, 5, 10 |
| Purpose and classifications - (Source ID's) | source1, source2, source4 |
| Service and beneficiaries - Target population - (Value) | Grade 1-6 primary school students in public schools in Sierra Leone |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 7986 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source1, source4 |
| Service and beneficiaries - (Notes) | The five SLEIC projects will work with 134,000 children in Sierra Leone. |
| Outcome Funds 1: Id | INDIGO-FUND-0019 |
| Delivery Locations 1: Service Provision ID - (Value) | deliverylocation1 |
| Delivery Locations 1: Location - Name - (Value) | Tonkolili, Sierra Leone |
| Delivery Locations 1: Location - Country - (Value) | SL |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 8.717867 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | -11.951925 |
| Delivery Locations 2: Service Provision ID - (Value) | deliverylocation2 |
| Delivery Locations 2: Location - Name - (Value) | Kono, Sierra Leone |
| Delivery Locations 2: Location - Country - (Value) | SL |
| Delivery Locations 2: Lat/Lng - Lat - (Value) | 8.75 |
| Delivery Locations 2: Lat/Lng - Lng - (Value) | -11 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Email correspondence with Education Outcomes Fund on 27 October 2022. |
| Sources 1: Type - (Value) | Email correspondence |
| Sources 1: Notes | SIB Data submission form sent in by Nicole Wanty from Education Outcome Fund on Sierra Leone Projects |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | Education Outcomes Fund website |
| Sources 2: Type - (Value) | Website |
| Sources 2: URL - (Value) | https://www.educationoutcomesfund.org/post/the-education-outcomes-fund-and-the-government-of-sierra-leone-launch-innovative-partnership-to-imp |
| Sources 2: Accessed Date - (Value) | 8th November 2022 |
| Sources 2: Notes | Supplemenatry post on EOF site on the project |
| Sources 3: Id | source3 |
| Sources 3: Name - (Value) | Email correspondence with Education Outcomes Fund on 19th December 2022 |
| Sources 3: Type - (Value) | Email correspondence |
| Sources 4: Id | source4 |
| Sources 4: Name - (Value) | Email Correspondence with Bridges Outcomes Partnerships on 6th December 2024. |
| Sources 4: Type - (Value) | Email correspondence |
| Sources 4: Publication Date - (Value) | 6th December 2024 |
| Sources 4: Accessed Date - (Value) | 27th January 2025 |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1447 |
| Service Provisions 1: Organisation Role Category - (Value) | Other |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1204 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 2: Organisation ID - (Value) | INDIGO-ORG-0985 |
| Outcome Payment Commitments 2: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 3: Organisation ID - (Value) | INDIGO-ORG-1469 |
| Outcome Payment Commitments 3: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 4: Organisation ID - (Value) | INDIGO-ORG-1470 |
| Outcome Payment Commitments 4: Organisation Role Category - (Value) | Other |
| Outcome Payment Commitments 5: Organisation ID - (Value) | INDIGO-ORG-1471 |
| Outcome Payment Commitments 5: Organisation Role Category - (Value) | Foundation/Philanthropist |
| Investments 1: Id | investments1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-1587 |
| Investments 1: Organisation Role Category - (Value) | Multilateral/Bilateral/Intergovernmental Financial Institution |
| Investments 2: Id | investments2 |
| Investments 2: Organisation ID - (Value) | INDIGO-ORG-0534 |
| Investments 2: Organisation Role Category - (Value) | Foundation/Philanthropist |
| Investments 3: Id | investments3 |
| Investments 3: Organisation ID - (Value) | INDIGO-ORG-1279 |
| Investments 3: Organisation Role Category - (Value) | Multilateral/Bilateral/Intergovernmental Financial Institution |
| Investments 4: Id | investments4 |
| Investments 4: Organisation ID - (Value) | INDIGO-ORG-1707 |
| Investments 4: Organisation Role Category - (Value) | Foundation/Philanthropist |
| Investments 5: Id | investments5 |
| Investments 5: Organisation ID - (Value) | INDIGO-ORG-1280 |
| Investments 5: Organisation Role Category - (Value) | High Net Worth Individual/Family Office/Private Bank |
| Investments 6: Id | investments6 |
| Investments 6: Organisation ID - (Value) | INDIGO-ORG-1708 |
| Investments 6: Organisation Role Category - (Value) | Foundation/Philanthropist |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0121 |
| Intermediary services 1: Organisation Role Category - (Value) | Other |
| Intermediary services 1: Other Role Description - (Value) | Fund manager |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Total enrolment of students |
| Outcome Metrics 1: Target Population - (Value) | School children from P1 - P6 in primary public schools |
| Outcome Metrics 1: Unit type of targeted Service users or beneficiaries - (Value) | Individual |
| Outcome Metrics 1: Outcome metric target - (Value) | 7986 |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Average learning gains |
| Outcome Metrics 2: Target Population - (Value) | School children from P1 - P6 in primary public schools |
| Outcome Metrics 2: Unit type of targeted Service users or beneficiaries - (Value) | Other |
| Outcome Metrics 2: Unit description of Service user or beneficiaries - (Value) | Standard deviation of learning gain as compared to control group |
| Outcome Metrics 2: Outcome metric target - (Value) | 0.164 |
| Results 1: Outcome Metric Id - (Value) | outcomemetric1 |
| Results 1: Result level - (Value) | Outcome level |
| Results 1: Result type - (Value) | Interim |
| Results 1: Period - Start - (Value) | 2022-09 |
| Results 1: Period - End - (Value) | 2024-03 |
| Results 1: Number with Positive social outcomes - (Value) | 15483 |
| Results 2: Outcome Metric Id - (Value) | outcomemetric2 |
| Results 2: Result level - (Value) | Outcome level |
| Results 2: Result type - (Value) | Interim |
| Results 2: Period - Start - (Value) | 2022-09 |
| Results 2: Period - End - (Value) | 2024-03 |