Case 01 · Livelihoods, Jordan, launched 2021
The Refugee Livelihoods development impact bond paid only for refugee businesses that survived.
| Instrument | Development impact bond, first tranche |
|---|---|
| Amount | EUR 9.8m |
| Term | Four years, 2021 to 2025 |
| Implementer | Near East Foundation |
| Investors and funders | IKEA Foundation, Novo Nordisk Foundation, Norad, US DFC, Ferd |
| Investor return | Up to 5.1 percent a year |
| Outcome metrics | Businesses active after ten months, household consumption |
How it works
- 1Investors pre-finance business and life-skills training for refugees and host communities.
- 2Participants receive training and a start-up grant.
- 3An evaluator checks businesses still active and consumption two years on.
- 4Outcome funders repay investors according to results.
4,380 refugee and host trainees
2,560 microenterprises to be created
Plus 17 percent household consumption
For you: a fragile, refugee setting supports outcome finance when the outcome is tightly defined.