THE ECONOMIST — Development-impact bonds are costly, cumbersome, and good - Instiglio

THE ECONOMIST — Development-impact bonds are costly, cumbersome, and good

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The Rajasthan project that Instigio and Village Enterprise did had a huge impact in young indian girls lives. We are designed a tool that improved their lifestyle by tying funding to achievable and measurable results.

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IF A girl in a poor country goes to school, she will probably have a more comfortable life than if she stays at home. She will be less likely to marry while still a child, and therefore less likely to die in childbirth. So, not surprisingly, there is an Indian charity that tries to get girls into school and ensure they learn something, and there are Western philanthropists willing to pay for its work. What is noteworthy is how they have gone about this transaction.

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https://www.economist.com/finance-and-economics/2018/07/12/development-impact-bonds-are-costly-cumbersome-and-good