Proyecta Tu Futuro [Plan Your Future] - Buenos Aires Youth Employability SIB
This project is also known as VIS Buenos Aires
Aligned SDGs
- Proyecta Tu Futuro [Plan Your Future] - Buenos Aires Youth Employability SIB
- General overview
- Location
- Involved organisations
- Outcome metrics
- Results
- Other resources
- Spreadsheet of data
- Proyecta Tu Futuro [Plan Your Future] - Buenos Aires Youth Employability SIB
- General overview
- Location
- Involved organisations
- Outcome metrics
- Results
- Other resources
- Spreadsheet of data
General overview
Stage of development: Complete
Policy sector: Employment and training
Date outcomes contract signed: 2018
Start date of service provision: Dec 2018
Capital raised (min/max investment): ARS 26.62m (USD 1.10m) - ARS 48.40m (USD 2m)
Max potential outcome payment: ARS 48.40m
To convert minimum and maximum amounts of total investment commitment, we use the average exchange rate of the year in which Accrux Partners was structing the impact bond. To convert the amount of maximum potential outcome payment, we use the average exchange rate of the year in which the different investors disbursed the funds. All other prices in this spreadsheet are converted into USD using this last exchange rate.
Service users: 875 individuals
Intervention
Reduce youth unemployment in the city of Buenos Aires, focusing on vulnerable unemployed young citizens and vulnerable young citizens that have not finished high school. The intervention will provide weekly workshops on soft skills training, employment support, orientation and intermediation with companies. The intervention seeks to help the participant find and retain a job, and graduate from high school (if the participant has not graduated yet).
Target population
Participants must meet the following criteria: (1) Ages between 17-24, (2) live in the communes 4, 7, 8, 9 or 10 of the city of Buenos Aires, (3) meet one of the following three criteria: (a) have finished high school, (b) currently coursing the last year of high school, or (c) have abandoned high school but have only 6 courses left to complete it, and (4) have no formal employment.
Location
Country
- Argentina
Service delivery locations
- Buenos Aires, Argentina
Involved organisations
Configuration of contracting parties:
- All investors were part of an SPV named 'Fideicomiso VIS'
Outcome metrics
- Educational completion (vulnerable person) Participants still enrolled in high school during the intervention finish their final year
- Job placement (vulnerable person) Participant finds a job
- 4-month job retention (vulnerable person) Participant maintains the job for 4 months
- 12-month job retention (vulnerable person) Participant maintains the job for 12 months
- Expansion of the labor market Number of companies that employs the participants of the program increases
- Educational completion (very vulnerable person) Participants still enrolled in high school during the intervention finish their final year
- Job placement (very vulnerable person) Participant finds a job
- 4-month job retention (very vulnerable person) Participant maintains the job for 4 months
- 12-month job retention (very vulnerable person) Participant maintains the job for 12 months
Other resources
Spreadsheet of data
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