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General overview

Stage of development: Early stage

Policy sectors: Education

Type of instrument: Impact Bond

Delivery locations: El Salvador

Expected launch date: Q4 - 2022

Project design process began: Q4 2021

Max potential outcome payment: USD 1.50m

Intervention

Social or environmental challenge

Throughout the last decade, El Salvador has faced multiple educational challenges that has conditioned its socioeconomic development and slowed its progress towards quality, inclusive and equitable education, eg. violence in schools, overage students, low quality educational offer and of little relevance to the needs of the future labor market, among others. All these challenges contribute to the “funnel effect” of exclusion from the educational system: “many start, few finish, and those who learn are even fewer” . In essence, the funnel effect explains the impact that multiple barriers have on students' educational trajectories towards reaching minimum levels of learning necessary for work and life, and which have been exacerbated by Covid-19. Within this framework, this project will address two interrelated challenges: (i) Early dropouts at the secondary level, and (ii) acquisition of Skills for the 21st century.

Description of the intervention

TBD. Interventions primarily targeting to increase STEM knowledge and abilities, as well as to reduce drop out rates

Target population

Secondary students from 5th - 7th grades in Honduras and from 7th-9th grades in El-Salvador in both countries with a gender focus.

Location

Country:

  • El Salvador

Locality:

  • El Salvador

Outcome metrics

  • TBD

Last data update

Data for this pipeline project was last updated in April 2022

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