Impact Bond: Promoción de habilidades de lectoescritura en Chile - Promoting literacy skills in Chile
Stage of development: Implementation
Policy sector: Education
Intervention: The project aims to develop reading and writing skills in students from 1st and 2nd grade in schools with high vulnerability rates in different regions of Chile. The students will be treated by one of 4 service providers with extensive experience. These organizations use methodologies that include training and accompaniment for teachers, delivery of innovative teaching materials, workshops, and student tutoring, among others. It is expected that, within each year, students will show a significant increase in the score obtained in the Dialect test between the pre and post-test.
Date outcomes contract signed: 2023-05
Start of service provision: 2023-03
Anticipated end of service provision: 2024-12
Total investment commitment currency: CLP
Total investment commitment: 330000000
Maximum potential outcome payment: 550000000 CLP
Maximum potential outcome payment (USD): 687500
Target population: School students
Targeted number of service users or beneficiaries: 3000
Targeted unit type: Individual
Service and beneficiaries notes: More than 3000 service users