Impact Bond: Bedayat Social Impact Bond
Stage of development: Implementation
Policy sector: Child and family welfare
Social challenge: The negative impact of divorce on children's development.
Intervention: Bedayat is a support program for families who are going through divorce with young children (aged 0-8 years). The program offers at least six weeks of support that includes free weekly counseling sessions with child & family experts and online/in-person workshops and support groups.
Primary SDG goal: 16
Primary SDG target: 16.2 End abuse, exploitation, trafficking and all forms of violence against and torture of children
Secondary SDG goals: 3, 4
Date outcomes contract signed: 2020-12
Date contracts between all parties signed: 2022-03
Start of service provision: 2022-11
Anticipated end of service provision: 2024-03
Anticipated completion date: 2024-03
Total investment commitment currency: AED
Total investment commitment: 2920000
Total investment commitment (USD): 795012
Maximum potential outcome payment: 2920000 AED
Maximum potential outcome payment (USD): 795012
Target population: Families in the process of divorce/separation, with children’s age 0-8, residents & citizens of the Emirate of Abu Dhabi, Arabic and English speakers.
Targeted number of service users or beneficiaries: 36
Targeted unit type: Other
Targeted unit description: Families