Impact-Linked Fund for Education (ILF for Education)

We are providing impact organizations with financial rewards for achieving positive impact.

About ILF for Education

The overall objective of the ILF for Education is to provide impact-linked funding to impact organizations active in the Education sector in West Africa and the MENA region (Middle East and North Africa), thus enabling them to scale their business and generate education outcomes.

The fund will support impact organizations with three different Impact-Linked Funding mechanisms: Social Impact Incentives (SIINC), Impact-Linked Loans, and Impact-Linked Payments, for amounts ranging from USD 150K to USD 500K. 

Target sector

• Education (incl. EdTech, schools and service providers, supplemental education, educational products and services, and support services, among others)

Target investees

• Impact organizations
• Growth stage companies and impact-driven SMEs, NGOs/NPOs with recurring commercial revenues
• Minimum commercial revenue generation of USD 50,000

Target end beneficiaries

• Priority focus on pre-primary and primary education
• Additionally open to basic skills training for adolescents and adults (literacy, numeracy etc.) and vocational training

Geography

Organizations should be active in, or be looking to expand to one of our priority countries in West Africa and MENA (Middle East and North Africa), or in one of our secondary countries:

• West Africa: Ivory Coast, Ghana, Benin, Burkina Faso, Chad, Mali,
  Niger
• MENA: Egypt, Jordan, Lebanon, Tunisia, Occupied Palestinian
  Territory
• Others Impact organizations operating in the following second priority countries are welcome to apply: Afghanistan, Albania, Algeria, Armenia, Azerbaijan, Bangladesh, Bolivia, Bosnia and Herzegovina, Burundi, Central African Republic, Colombia, Democratic Republic of the Congo, Eritrea, Ethiopia, Georgia, Honduras, Iraq, Kenya, Kosovo, Kyrgyzstan, Libya, Mekong region (Cambodia and Lao People’s Democratic Republic), Moldova, Mozambique, Myanmar, Nepal, Nicaragua, North Macedonia, Rwanda, Serbia, Somalia, South Sudan, Sudan, Syria, Tajikistan, Tanzania, Ukraine, Uzbekistan, Yemen.

MORE INFORMATION CLICK HERE

Impact-Linked Fund for Education (ILF for Education)