Commitment to Action

Scaling Social Impact Bonds in Latin America

Commitment by

Instiglio

In 2013, Instiglio committed to launch two Social Impact Bonds (SIBs) in Latin America over a three year period. This not only marks the launch of the first SIB in Latin America, but potentially the first SIB in a low or middle income country. By partnering with forward thinking governments, international corporations, foundations, NGOs, and others, SIBs will provide up-front capital to scale early interventions in areas as diverse as early childhood development and diabetes management; with governments or international donors paying based on the achievement of measured results. Instiglio will achieve this commitment by generating ideas for engagement, conducting feasibility studies, raising and procuring capital, and participating in the implementation of the SIBs. Each SIB will be rigorously monitored and evaluated by an independent party to ensure that they are credible to all parties involved.

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Overview
Summary

Commitment

Scaling Social Impact Bonds in Latin America

Launched

2013

Est. Duration

3 years

Estimated Total Value

$10,800,000

Region

Latin America & Caribbean

Countries

CHILE, COLOMBIA, COSTA RICA, MEXICO

Commitment by

Instiglio

Partner(s) of the Commitment Maker(s)

Inter-American Development Bank, ALIARSE Foundation for Sustainability and Equity, Costa Rica, Sitawi, Avina Foundation