chevron icon Twitter logo Facebook logo LinkedIn logo YouTube logo download icon link icon audio icon quote icon posted icon clock icon author icon arrow icon arrow icon plus icon Search icon location icon location icon document icon menu icon plus-alt

General overview

Stage of development: Complete

Policy sector: Employment and training

Date outcomes contract signed: 2018

Start date of service provision: Dec 2018

Capital raised (min/max investment): ARS 26.62m (USD 1.10m) - ARS 48.40m (USD 2m)

Max potential outcome payment: ARS 48.40m

To convert minimum and maximum amounts of total investment commitment, we use the average exchange rate of the year in which Accrux Partners was structing the impact bond. To convert the amount of maximum potential outcome payment, we use the average exchange rate of the year in which the different investors disbursed the funds. All other prices in this spreadsheet are converted into USD using this last exchange rate.

Service users: 875 individuals

Intervention

Reduce youth unemployment in the city of Buenos Aires, focusing on vulnerable unemployed young citizens and vulnerable young citizens that have not finished high school. The intervention will provide weekly workshops on soft skills training, employment support, orientation and intermediation with companies. The intervention seeks to help the participant find and retain a job, and graduate from high school (if the participant has not graduated yet).

Target population

Participants must meet the following criteria: (1) Ages between 17-24, (2) live in the communes 4, 7, 8, 9 or 10 of the city of Buenos Aires, (3) meet one of the following three criteria: (a) have finished high school, (b) currently coursing the last year of high school, or (c) have abandoned high school but have only 6 courses left to complete it, and (4) have no formal employment.

Location

Country

  • Argentina

Service delivery locations

  • Buenos Aires, Argentina

Outcome metrics

  • Educational completion (vulnerable person) Participants still enrolled in high school during the intervention finish their final year
  • Job placement (vulnerable person) Participant finds a job
  • 4-month job retention (vulnerable person) Participant maintains the job for 4 months
  • 12-month job retention (vulnerable person) Participant maintains the job for 12 months
  • Expansion of the labor market Number of companies that employs the participants of the program increases
  • Educational completion (very vulnerable person) Participants still enrolled in high school during the intervention finish their final year
  • Job placement (very vulnerable person) Participant finds a job
  • 4-month job retention (very vulnerable person) Participant maintains the job for 4 months
  • 12-month job retention (very vulnerable person) Participant maintains the job for 12 months
Is this information correct?
Do you have more you can add?

Please tell us about it

Get in touch

Important Notice and Disclaimer on INDIGO Data

INDIGO data are shared for research and policy analysis purposes. INDIGO data can be used to support a range of insights, for example, to understand the social outcomes that projects aim to improve, the network of organisations across projects, trends, scales, timelines and summary information. The collaborative system by which we collect, process, and share data is designed to advance data-sharing norms, harmonise data definitions and improve data use. These data are NOT shared for auditing, investment, or legal purposes. Please independently verify any data that you might use in decision making. We provide no guarantees or assurances as to the quality of these data. Data may be inaccurate, incomplete, inconsistent, and/or not current for various reasons: INDIGO is a collaborative and iterative initiative that mostly relies on projects all over the world volunteering to share their data. We have a system for processing information and try to attribute data to named sources, but we do not audit, cross-check, or verify all information provided to us. It takes time and resources to share data, which may not have been included in a project’s budget. Many of the projects are ongoing and timely updates may not be available. Different people may have different interpretations of data items and definitions. Even when data are high quality, interpretation or generalisation to different contexts may not be possible and/or requires additional information and/or expertise. Help us improve our data quality: email us at indigo@bsg.ox.ac.uk if you have data on new projects, changes or performance updates on current projects, clarifications or corrections on our data, and/or confidentiality or sensitivity notices. Please also give input via the INDIGO Data Definitions Improvement Tool and INDIGO Feedback Questionnaire.