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Our projects aim to improve social program and demonstrate the social impact bond concept in international development.
The Social Problem: Adolescent pregnancy often time derails the transition of young girls into educated and fully developed adults. In Colombia, over 16% of girls aged 13-19 have been pregnant or are mothers. Each year in Medellin, girls aged 10-19 give over 20,000 live births (38 births per 1,000 women).
Our Approach: The Mayor of Medellin has asked Instiglio to explore, design and potentially implement a social impact bond / results-based program to reduce adolescent pregnancy. Instiglio is advising the government on legal, financial and implementation components of the innovative program.
The Social Problem: India’s large gender gap in education threatens its economic development. Over 60% of out-of-school children are girls. Of girls who dropped out, 42% say they did so because their parents told them to quit. As a result, 47% of children in Grade 5 cannot read paragraph in their own language. The problem is concentrated in Rajasthan, which has 9 of the 25 worst districts.
Our Approach: Educate Girls, a high-performing education NGO operating in Rajasthan, has asked Instiglio to design a Social Impact Bond / Development Impact Bond as part of its multi-million dollar application to a development agency. The new Development Impact Bond program would be used to create a results-based program architecture that improves the organization’s ability to retain girls in school and improve their learning outcomes.
Instiglio is actively exploring additional projects to improve social programs in emerging markets. Please direct project inquiries to email@example.com. To learn more about Instiglio’s role in the social impact bond process, visit our business plan page.
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