Impact Bond: CREO - Crecemos con empleo y oportunidades (We grow with employment and opportunities)
Stage of development: Implementation
Policy sector: Employment and training
Social challenge: Unemployment
Intervention: The intervention aims to provide services for job placement and retention of vulnerable people in formal jobs, that include mentoring, skills training, labor intermediation services, soft skills development, psychosocial counselling, among others
Date outcomes contract signed: 2021-02
Start of service provision: 2021-04
Anticipated end of service provision: 2022-02
Total investment commitment currency: COP
Total investment commitment: 1357000000
Total investment commitment (USD): 392393
Target population: Unemployed vulnerable individuals
Targeted number of service users or beneficiaries: 346
Targeted unit type: Individual