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General overview

Stage of development: Late stage

Policy sectors: Employment and private sector development / Education / Social protection / Humanitarian

Type of instrument: Impact Bond

Delivery locations: Lebanon

Country classification: Upper-middle-income

Expected launch date: Q2 - 2023 or later

Project design process began: Q1 2016

Max potential outcome payment: USD 8.80m

Intervention

Social or environmental challenge

Worldwide, conflict and climate crises are forcing more people than ever from their homes, with displacement and its impacts lasting years beyond the crisis. The Syrian conflict has driven 6.6 million people to flee Syria with 80% settling in neighbouring countries. This puts a strain on local economies and infrastructure as well as leaves refugees and their host communities struggling to access safe and dignified work, basic services, and affordable housing.

Description of the intervention

Near East Foundation will implement a micro-enterprise, vocational trainings and grants programme. The programme will support 3,000 refugees and Lebanese through business development and resiliance-building trainings. The majority of these will also receive start-up grants and coaching sessions to support the launch of their micro enterprise.

Target population

Vulnerable refugees and host communities (75% women and 30% youth)

Location

Country:

  • Lebanon

Locality:

  • Lebanon

Outcome metrics

  • Number of business (or job) survival rate after 10 months, Increase in household spending levels on basic needs (as a proxy for household welfare)

Last data update

Data for this pipeline project was last updated in April 2022.

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