Country
India
Timeline
2015 – 2018
Type of Project
RBF Design or Implementation
Sector
Education
project description
To enrol out-of-school girls and improve quality education for children in rural, remote and marginalized communities of India we designed and implemented the first Development Impact Bond (DIB) in this area. It provided operational and financial flexibility for Indian NGO Educate Girls (EG) and achieved 116% of the enrollment target and 160% of the learning target in its final year. The program ran in the Bijoliya, Mandalgarh and Jahajpur blocks in the Indian state of Rajasthan.