THE GUARDIAN - A new financial bond is helping us get more girls into schools in India - Instiglio

THE GUARDIAN – A new financial bond is helping us get more girls into schools in India

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Instiglio helped develop a creative solution to a very complex social problem in India. By focusing on results Educate Girls was able to create bigger impact in their project. Check out this article that written by the founder and the executive director of Educate Girls, an Indian NGO working to tackle inequality in the education system.

In a remote region of Rajasthan in northern India, an experiment in a new form of development financing is under way. For the past year, my organization, Educate Girls, has been running a program to enroll more girls in school and improve children’s literacy and numeracy, backed by a development impact bond (DIB).

This new financing instrument, with its focus on payment based on results, is a hot topic in development circles.(…)

Read more:

https://www.theguardian.com/global-development/2016/jul/05/new-financial-bond-helping-us-get-more-girls-into-schools-india-education