Project
| ID | INDIGO-POJ-0324 |
|---|---|
| Impact Bond Name - (Value) | Anima Social Impact Bond - Uruguay |
| Stage of Development - (Value) | Implementation |
| Stage of Development - (Source ID's) | source1 |
| Social Investment Prototype - (Value) | NO |
| Dates - Start date of service provision - (Value) | 2023 |
| Dates - Anticipated end date of service provision - (Value) | 2027 |
| Dates - Actual duration of service provision - (Value) | 48 |
| Dates - (Source ID's) | source2 |
| Jurisdiction - Jurisdiction - (Value) | UY |
| Overall project finance - Total investment commitment - Currency - (Value) | USD |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 600000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 600000 |
| Overall project finance - (Source ID's) | source1,source2 |
| Purpose and classifications - Social challenge - (Value) | High school drop out and youth unemployment rates |
| Purpose and classifications - Intervention - (Value) | ANIMA's programme links the world of education with the professional world, and the opportunity to learn while working through paid internships at local supporting companies. This dual education approach tries to respond to the two realities of a large number of the population not finishing high school and the high youth unemployment rates, by connecting the student to the labor market early on and dialoguing with the business sector to align education with market demands. |
| Purpose and classifications - Policy sector - (Value) | Employment and training |
| Purpose and classifications - Primary SDG goal - (Value) | 8 |
| Purpose and classifications - Secondary SDG goals - (Value) | 4 |
| Purpose and classifications - (Source ID's) | source1,source2 |
| Service and beneficiaries - Target population - (Value) | Uruguayan youth in situation of social and economic vulnerability |
| Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 50 |
| Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service and beneficiaries - (Source ID's) | source1 |
| Delivery Locations 1: Location - Name - (Value) | Montevideo, Uruguay |
| Delivery Locations 1: Location - Country - (Value) | UY |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | -34.901112 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | -56.164532 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | UNDP Press Release: Uruguay presents their first social impact bond - 13 May 2024 |
| Sources 1: Type - (Value) | Press release |
| Sources 1: URL - (Value) | https://www.undp.org/es/presentacion_BIS_Uruguay |
| Sources 1: Accessed Date - (Value) | 2024-10-23 |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | News piece: Public trust paid premium to investors after meeting the first goal of the first Social Impact Bond in Uruguay - published by El Pais, 21 October 2024 |
| Sources 2: Type - (Value) | News piece |
| Sources 2: URL - (Value) | https://www.elpais.com.uy/informacion/politica/fideicomiso-pago-prima-a-inversores-tras-cumplirse-primera-meta-del-primer-bono-de-impacto-social-del-uruguay |
| Sources 2: Accessed Date - (Value) | 2024-10-23 |
| Service Provisions 1: Id | serviceprovision1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1653 |
| Service Provisions 1: Intervention - (Value) | ANIMA is an educational organization with the goal to bring together the job market and the world of education by providing at-risk Uruguayan youth with tuition-free education in the areas of IT and business administration. |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0510 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Multilateral/Bilateral/Intergovernmental Financial Institution |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Currency - (Value) | USD |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value) | 300000 |
| Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount USD - (Value) | 300000 |
| Outcome Payment Commitments 2: Organisation ID - (Value) | INDIGO-ORG-1654 |
| Outcome Payment Commitments 2: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 2: Maximum potential Outcome payment - Currency - (Value) | USD |
| Outcome Payment Commitments 2: Maximum potential Outcome payment - Amount - (Value) | 148000 |
| Outcome Payment Commitments 2: Maximum potential Outcome payment - Amount USD - (Value) | 148000 |
| Outcome Payment Commitments 3: Organisation ID - (Value) | INDIGO-ORG-1655 |
| Outcome Payment Commitments 3: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 3: Maximum potential Outcome payment - Currency - (Value) | USD |
| Outcome Payment Commitments 3: Maximum potential Outcome payment - Amount - (Value) | 122000 |
| Outcome Payment Commitments 3: Maximum potential Outcome payment - Amount USD - (Value) | 122000 |
| Outcome Payment Commitments 4: Organisation ID - (Value) | INDIGO-ORG-1656 |
| Outcome Payment Commitments 4: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Outcome Payment Commitments 4: Maximum potential Outcome payment - Currency - (Value) | USD |
| Outcome Payment Commitments 4: Maximum potential Outcome payment - Amount - (Value) | 120000 |
| Outcome Payment Commitments 4: Maximum potential Outcome payment - Amount USD - (Value) | 120000 |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-1657 |
| Investments 1: Organisation Role Category - (Value) | High Net Worth Individual/Family Office/Private Bank |
| Investments 2: Id | investment2 |
| Investments 2: Organisation ID - (Value) | INDIGO-ORG-1658 |
| Investments 2: Organisation Role Category - (Value) | High Net Worth Individual/Family Office/Private Bank |
| Investments 3: Id | investment3 |
| Investments 3: Organisation ID - (Value) | INDIGO-ORG-1659 |
| Investments 3: Organisation Role Category - (Value) | High Net Worth Individual/Family Office/Private Bank |
| Investments 4: Id | investment4 |
| Investments 4: Organisation ID - (Value) | INDIGO-ORG-1660 |
| Investments 4: Organisation Role Category - (Value) | High Net Worth Individual/Family Office/Private Bank |
| Investments 5: Id | investment5 |
| Investments 5: Organisation ID - (Value) | INDIGO-ORG-1661 |
| Investments 5: Organisation Role Category - (Value) | Foundation/Philanthropist |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-1662 |
| Intermediary services 1: Organisation Role Category - (Value) | Other |
| Intermediary services 1: Other Role Description - (Value) | Partnership intermediation |
| Intermediary services 2: Organisation ID - (Value) | INDIGO-ORG-1663 |
| Intermediary services 2: Organisation Role Category - (Value) | Other |
| Intermediary services 2: Other Role Description - (Value) | Independent outcome verification |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | At least 45 of 50 students progress to the fifth year of high school |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | The same number of students who progressed to the fifth year, progress to the sixth year of high school |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | The same number of students graduates from high school |
| Outcome Metrics 4: Id | outcomemetric4 |
| Outcome Metrics 4: Outcome Definition - (Value) | 80% of students gets a formal job after high school |