Impact Bond: Promoción de la Retención y Asistencia Escolar - Promoting retention and school attendance in Chile
Stage of development: Implementation
Jurisdiction: CL
Policy sector: Education
Intervention: This project seeks to reduce school exclusion and increase attendance in students from highly vulnerable schools in the Metropolitan Region of Chile. The intervention called "Cada Día Cuenta" ("Each day counts")promotes attendance by emphasizing its relevance to students' personal, social, and professional development. The program involves the entire school community to promote attendance, holding workshops, organising coordination meetings with school teams, delivering graphic materials, among other activities. Although results will be measured in grades 7, 8, I, II, and III, the intervention will cover all levels.
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: 200000000
Total investment commitment (USD): 250000
Maximum potential outcome payment: 532000000 CLP
Maximum potential outcome payment (USD): 665000
Target population: School students
Targeted number of service users or beneficiaries: 5500
Targeted unit type: Individual