Impact Bond: Anima Social Impact Bond - Uruguay
Stage of development: Implementation
Jurisdiction: UY
Policy sector: Employment and training
Social challenge: High school drop out and youth unemployment rates
Intervention: ANIMA's programme links the world of education with the professional world, and the opportunity to learn while working through paid internships at local supporting companies. This dual education approach tries to respond to the two realities of a large number of the population not finishing high school and the high youth unemployment rates, by connecting the student to the labor market early on and dialoguing with the business sector to align education with market demands.
Primary SDG goal: 8
Secondary SDG goals: 4
Start of service provision: 2023
Anticipated end of service provision: 2027
Actual duration of service provision: 48
Total investment commitment currency: USD
Total investment commitment: 600000
Total investment commitment (USD): 600000
Target population: Uruguayan youth in situation of social and economic vulnerability
Targeted number of service users or beneficiaries: 50
Targeted unit type: Individual