Project
| ID | INDIGO-POJ-0289 |
|---|---|
| Impact Bond Name - (Value) | Promoción de habilidades de lectoescritura en Chile - Promoting literacy skills in Chile |
| Stage of Development - (Value) | Implementation |
| Stage of Development - (Source ID's) | source1 |
| Social Investment Prototype - (Value) | NO |
| Dates - Date outcomes contract signed - (Value) | 2023-05 |
| Dates - Start date of service provision - (Value) | 2023-03 |
| Dates - Anticipated end date of service provision - (Value) | 2024-12 |
| Dates - (Source ID's) | source1 |
| Overall project finance - Total investment commitment - Currency - (Value) | CLP |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 330000000 |
| Overall project finance - Total investment commitment - Amount USD - Min - (Value) | 412500 |
| Overall project finance - Maximum potential outcome payment - Currency - (Value) | CLP |
| Overall project finance - Maximum potential outcome payment - Amount - (Value) | 550000000 |
| Overall project finance - Maximum potential outcome payment - Amount USD - (Value) | 687500 |
| Overall project finance - (Source ID's) | source1 |
| Purpose and classifications - Intervention - (Value) | The project aims to develop reading and writing skills in students from 1st and 2nd grade in schools with high vulnerability rates in different regions of Chile. The students will be treated by one of 4 service providers with extensive experience. These organizations use methodologies that include training and accompaniment for teachers, delivery of innovative teaching materials, workshops, and student tutoring, among others. It is expected that, within each year, students will show a significant increase in the score obtained in the Dialect test between the pre and post-test. |
| Purpose and classifications - Policy sector - (Value) | Education |
| Purpose and classifications - (Source ID's) | source1 |
| Service and beneficiaries - Target population - (Value) | School students |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 3000 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source1 |
| Service and beneficiaries - (Notes) | More than 3000 service users |
| Delivery Locations 1: Service Provision ID - (Value) | serviceprovision1 |
| Delivery Locations 1: Location - Name - (Value) | 9 different regions in Chile |
| Delivery Locations 1: Location - Country - (Value) | CL |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | -33.447487 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | -70.673676 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Email correspondence with Bien Publico, Chile on 8 May 2023. |
| Sources 1: Type - (Value) | Email correspondence |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1509 |
| Service Provisions 2: Id | serviceprovision2 |
| Service Provisions 2: Organisation ID - (Value) | INDIGO-ORG-1510 |
| Service Provisions 3: Id | serviceprovision3 |
| Service Provisions 3: Organisation ID - (Value) | INDIGO-ORG-1018 |
| Service Provisions 4: Id | serviceprovision4 |
| Service Provisions 4: Organisation ID - (Value) | INDIGO-ORG-1511 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1512 |
| Outcome Payment Commitments 2: Organisation ID - (Value) | INDIGO-ORG-1513 |
| Outcome Payment Commitments 3: Organisation ID - (Value) | INDIGO-ORG-1514 |
| Outcome Payment Commitments 4: Organisation ID - (Value) | INDIGO-ORG-1515 |
| Outcome Payment Commitments 5: Organisation ID - (Value) | INDIGO-ORG-1019 |
| Outcome Payment Commitments 6: Organisation ID - (Value) | INDIGO-ORG-1516 |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-1021 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-1517 |
| Intermediary services 1: Organisation Role Category - (Value) | Performance management |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Increase in literacy skills. This will be verified with an increase in the average Dialect score obtained by the students in each level, which corresponds to the number of correct answers they achieve in the test. The increase must be equivalent to a certain effect size for the outcome to be considered achieved. |
| Outcome Metrics 1: Data source for Outcome validation - (Value) | New data collected |
| Outcome Metrics 1: Policy sector - (Value) | Education |
| Outcome Metrics 1: Notes | The Dialect test is administered by an external evaluator. |