Innovative Financing Models for boosting employment in vulnerable populations in Mozambique
Aligned SDGs
- Innovative Financing Models for boosting employment in vulnerable populations in Mozambique
- General overview
- Intervention
- Target population
- Location
- Outcome metrics
- Last data update
- Spreadsheet of data
- Innovative Financing Models for boosting employment in vulnerable populations in Mozambique
- General overview
- Intervention
- Target population
- Location
- Outcome metrics
- Last data update
- Spreadsheet of data
General overview
Stage of development: Early stage
Policy sectors: Employment and private sector development
Type of instrument: Impact Bond
Delivery locations: Mozambique
Country classification: Low-income
Expected launch date: Q2 - 2023 or later
Project design process began: Q4 2020
Max potential outcome payment: USD Ranging from potential $500k to $20m (varying significantly between models and the appetite of funders)
Intervention
Social or environmental challenge
50 % of Mozambicans are still living in poverty and social and economic inequalities are continuing to grow. The challenges faced by disadvantaged urban youth and women (DUYW) are severe. Without deliberate intervention to address the constraints facing them, this trend is set to worsen. MUVA, a Mozambican NGO supporting women’s economic empowerment, in collaboration with Social Finance, identified four outcomes-oriented innovative finance intervention models with the potential to enable DUYW to access jobs and economic opportunities. Each responds to a specific set of challenges: (i) addressing the visible and invisible gender-specific barriers young women face when entering the workforce, (ii) the technical and financial support needed to incubate DUYW entrepreneurs, and (iii) the culture change required from larger employers to accommodate young women.
(Scoping report: https://www.socialfinance.org.uk/sites/default/files/publications/muvareport.pdf)
Description of the intervention
(1) a Female Economic Empowerment and Employment DIB
(2) an Early Stage Enterprise Catalytic Fund
(3) a Gender-Impact Blended Finance Fund
(4) an outcomes-oriented Public Goods Cash Transfer programme
Target population
Demand side: disadvantaged urban youth and young women in Mozambique
Supply side: enterprises, ranging from subsistence entrepreneurs to larger enterprises
Location
Country:
- Mozambique
Locality:
- Mozambique
Outcome metrics
- (1) Female Economic Empowerment and Employment DIB: increases in employability, increases in economic activity and increases in female agency, autonomy and choice
- (2) Early Stage Enterprise Catalytic Fund: increased employment of DUYW populations, social value created by SMEs
- (3) Gender-Impact Blended Finance Fund: large firms’ performance against gender equality and women’s empowerment indices
- (4) Public Goods Cash Transfer programme: payments linked to public good creation, including green/environmental benefits Specific metrics TBD.
Last data update
Data for this pipeline project was last updated in April 2022
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Spreadsheet of data
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