Project: Colombia+Competitiva: SECO
State of development: Current
Stage of development: Late stage
Stage notes: Late-stage (RBF Instrument Design)
Type of instrument — Impact Bond: No; Outcomes Fund: No; Social Impact Incentives (SIINC): No; Social Impact Guarantee: No; Payment-by-results (no pre-financing): Yes; Technical Assistance and Market-building program: No; Other: 
Part of a larger outcomes-based financing program: No 
Expected launch date: Q2-2022
Total expected project development time: 6-12 months
Expected length of project (years): 2
Project design process began: Q4-2021
Rationale for using outcome-based finance: Pilot the use of results-based financing (RBF) instruments to improve the impact of interventions that aim to strengthen productive chains.
Role of the domestic government — Outcomes funder: No; Service provider: No; Member of project committee: No; No formal role: Yes; Other: 
Service providers identified and selected — Request-for-proposals: No; Direct contracting by outcome funder/investor/intermediary: Yes; Provider-led deal development: No; Other: The program conducted an evaluation and selection process to choose the 2 service providers that will be part of the RBF pilot.
Feasibility study: Yes
Proposed financing instruments — Debt: No; Equity: No; Guarantee: No; Grant: No; Other: 
Estimated maximum potential outcome payment: 660000 USD
Social/developmental challenge: Increase economic and ecological growth through the development of sustainable value chains.
Expected intervention model: Coffee: Traditional technical assistance to improve coffee quality and increase exports. Cacao: Construction of a production plant to develop, produce, and export products based on cacao residues.
Policy sectors — Employment and private sector development: Yes; Education: No; Social protection: No; Criminal justice: No; Health: No; Agriculture: No; Environment and climate change: No; Water, Sanitation and Hygiene: No; Energy: No; Humanitarian: No; Early Childhood Education: ; Other: 
Target population: Sucafina - Coffee: Coffee producers in Planadas, Tolima
Casa Luker – Cacao: Cacao farm in Villanueva, Casanare
Targeted number of unique service users or beneficiaries: Approx. 300 coffee producers - TBD cacao producers
Unit type of targeted beneficiaries: Individual
Country income classification of beneficiaries — Low-income: No; Lower-middle-income: No; Upper-middle-income: Yes; High-income: No
Notes: Data for this pipeline project was last updated in April 2022. 
Delivery location: Colombia