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General overview

Stage of development: Late stage

Policy sectors: Social protection

Type of instrument: Impact Bond

Delivery locations: Colombia

Country classification: Upper-middle-income

Expected launch date: Q2 - 2023

Project design process began: Q4-2021

Max potential outcome payment: USD 40m

Intervention

Social or environmental challenge

To deploy the first large-scale Graduation Approach program focused on refugees which aims for the highest graduation rate achieved so far for this population.

Description of the intervention

Led by UNHCR, service providers will implement a Graduation Approach program that includes as minimum components: basic needs assistance, income generation for self-employment and job employment tracks, financial support and savings, and integration/psychosocial support/social empowerment.

Target population

Venezuelan migrants/refugees, internally displaced Colombian, and host community living in extreme poverty

Location

Country:

  • Colombia

Locality:

  • Colombia

Outcome metrics

  • TBD (potentially increases in income/consumption, increase in savings and access to state social services)

Last data update

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

You might have noticed that some pipeline projects have more data than others. This is because organisations can share as much data as they want with the INDIGO initiative. If you have more data on one of these pipeline projects and would like to share with us, please get in touch at indigo@bsg.ox.ac.uk. Our full list of variables and data definitions can be found here.

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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.