Project
| ID | INDIGO-POJ-0290 |
|---|---|
| Impact Bond Name - (Value) | Promoción de la Retención y Asistencia Escolar - Promoting retention and school attendance 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 |
| Jurisdiction - Jurisdiction - (Value) | CL |
| Overall project finance - Total investment commitment - Currency - (Value) | CLP |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 200000000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 250000 |
| Overall project finance - Maximum potential outcome payment - Currency - (Value) | CLP |
| Overall project finance - Maximum potential outcome payment - Amount - (Value) | 532000000 |
| Overall project finance - Maximum potential outcome payment - Amount USD - (Value) | 665000 |
| Overall project finance - (Source ID's) | source1 |
| Purpose and classifications - Intervention - (Value) | This project seeks to reduce school exclusion and increase attendance in students from highly vulnerable schools in the Metropolitan Region of Chile. The intervention called "Cada Día Cuenta" ("Each day counts")promotes attendance by emphasizing its relevance to students' personal, social, and professional development. The program involves the entire school community to promote attendance, holding workshops, organising coordination meetings with school teams, delivering graphic materials, among other activities. Although results will be measured in grades 7, 8, I, II, and III, the intervention will cover all levels. |
| 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) | 5500 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source1 |
| Delivery Locations 1: Service Provision ID - (Value) | serviceprovision1 |
| Delivery Locations 1: Location - Name - (Value) | Metropolitan Region of Santiago |
| Delivery Locations 1: Location - Country - (Value) | CL |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | -33.195274 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | -70.670898 |
| 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-1518 |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-1519 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 2: Organisation ID - (Value) | INDIGO-ORG-1514 |
| Outcome Payment Commitments 3: Organisation ID - (Value) | INDIGO-ORG-1019 |
| Outcome Payment Commitments 4: Organisation ID - (Value) | INDIGO-ORG-1520 |
| Outcome Payment Commitments 5: Organisation ID - (Value) | INDIGO-ORG-1024 |
| Outcome Payment Commitments 6: Organisation ID - (Value) | INDIGO-ORG-1521 |
| Outcome Payment Commitments 7: Organisation ID - (Value) | INDIGO-ORG-1522 |
| Outcome Payment Commitments 8: Organisation ID - (Value) | INDIGO-ORG-1523 |
| 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 school retention |
| Outcome Metrics 1: Data source for Outcome validation - (Value) | Existing administrative data |
| Outcome Metrics 1: Policy sector - (Value) | Education |
| Outcome Metrics 1: Notes | To measure school retention, open data from the Ministry of Education of Chile will be used. |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Decrease in chronic absenteeism |
| Outcome Metrics 2: Data source for Outcome validation - (Value) | Existing administrative data |
| Outcome Metrics 2: Policy sector - (Value) | Education |
| Outcome Metrics 2: Notes | For chronic absenteeism and average attendance, the source of information is a digital platform called "Radar" which tracks the school attendance of each student. |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | Increase in average school attendance |
| Outcome Metrics 3: Data source for Outcome validation - (Value) | Existing administrative data |
| Outcome Metrics 3: Policy sector - (Value) | Education |
| Outcome Metrics 3: Notes | For chronic absenteeism and average attendance, the source of information is a digital platform called "Radar" which tracks the school attendance of each student. |