A member of the Social Finance Global Network, Social Finance India was launched in mid-2018 as a platform to create and bring innovative financial facilities to India targeted at achieving social outcomes at scale.
Our
INITIATIVES
Our
INITIATIVES
Primary Education
Sustained improvement in Literacy & Numeracy for children in Primary School
Intervention Models
Focus on System Capital Building for teacher training School Leadership, Curriculum reform through ED Tech solutions for upper primary teaching &learning practices
Our Initiatives
- Impact the early literacy of 115,000 children across 3,300 schools in Haryana through a Development Impact Bond (DIB) currently in implementation
- Building a program for scaling a personalized adaptive EdTech solution in partnership with our service provider partner for 100 Tribal schools to impact 40,000 tribal students
Secondary Education
Better results in Board exams, competitive exams success and spoken English
Intervention Models
Focus on impact outcomes in Ed-Tech and Spoken English
Our Initiatives
- Designing a DIB pilot to improve spoken English and establish an outcome pricing mechanism based on data available from govt. pilots
- Design and implement “pay for success” framework to establish outcome pricing to positively impact STEM outcomes for 5,400 students (more than 40% are girls) to enter professional colleges
Skilling & Employment
Create sustainable livelihood opportunities with higher earning potential
Build a market for affordable credit to be provided to low-income youth
Intervention Models
Focus on enhancing increasing sustained livelihood creation across the skilling spectrum by targeting improvements in both mass skilling and specialized skilling initiatives
Our Initiatives
We are working on two distinct strategies to improve employability outcomes for low-income youth at the two ends of the skilling continuum:
- First Loss Guarantee Structure:to scale up and improve outcomes for relatively High-cost, specialized vocational skilling through First Loss Guarantee Structure for Low Income Youth
- Employment Outcomes Fund: Partnership with Impact Investment firms to provide top up funding to Training Partners to increase critical outcomes like placement, earnings and retention outcomes
Our
INITIATIVES
India Education Outcomes Fund
Our
INITIATIVES
India Education Outcomes Fund (IEOF) is an ambitious $1 billion fund that is seeking to create systemic change in how education outcomes are financed and measured, in order to address the learning crises that currently plagues India’s education sector.
Employment Outcomes Fund
Employment Outcomes Fund (EOF) will provide incremental funding to select high quality training partners to deliver short duration skilling courses. The $30 million Employment Outcomes Fund (EOF) with strategic partners like NSDC will help gainfully employ over 200K underprivileged youth over the next 3 years.
Our
APPROACH
Our
APPROACH
We believe we are at the helm of a larger movement growing within the social sector – a movement that is moving away from traditional, activity-based funding towards results-based approaches that go beyond activities or outputs to reward outcomes.
Too often social programs are funded in a manner that is fragmented, restrictive, activities-oriented, and not aligned to government’s agenda.
Social Finance India uses the Pay for Success model to bring together donors, investors, service providers, and government to work towards a common set of outcomes.
NEWS &
EVENTS
NEWS &
EVENTS
Government of Haryana’s landmark “Pay for Success” program
IndusInd Bank, Central Square Foundation (CSF), Language and Learning Foundation and SBI Capital Markets co-own project; Social Finance India leads the design of pay-for-outcomes
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The Difference Between Demographic Dividend and Nightmare Is Skilling
One highly effective solution would be to bring together the best training organizations and platforms and the nodal skilling organizations
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Plugging in to the power of CSR to pay for our children’s success
In the world of business, success or failure is often measured by return on capital employed (ROCE).
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Charcha 2020
Charcha2020 is a platform for India's development sector to come together, and engage on the most pressing human development challenges.
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