Impact Bond: LiftEd India
Stage of development: Implementation
Policy sector: Education
Intervention: To achieve results at scale the Development Impact Bond (DIB) supports partners who train state governments and school facilitators, building their capacity to improve foundational learning levels for children in public school across grades 1-3. The DIB involves 4 leading education partners in India – Kaivalya Education Foundation, Language and Learning Foundation, Peepul, and Pratham Education Foundation. Their impact is measured by independent third-party evaluators – ConveGenius Insights and Development Solutions.
Primary SDG goal: 4
Secondary SDG goals: 1,3,10
Date outcomes contract signed: 2024-02
Start of service provision: 2023-10
Anticipated end of service provision: 2027-09
Total investment commitment currency: USD
Total investment commitment (min): 1551000
Total investment commitment (max): 6700000
Maximum potential outcome payment: 7500000 USD
Maximum potential outcome payment (USD): 7500000
Target population: Students
Targeted number of service users or beneficiaries: 1000000
Targeted unit type: Individual