RG-X1215 : SIBLAC - Social Impact Bond Pilot Facility

This Facility will contribute to the MIF's systemic impact objective by introducing a new model to LAC through the launch of the first social impact bonds and pay-for-success contracts. The Facility will support SIBs, which will intended impacts include improved living conditions and social outcomes of poor and vulnerable populations, as well as costs-savings and greater value for money in public spending and scaled up funding for social programs implemented by NGOs and services providers.