Impact-Linked Fund for Education (ILF for Education)
We are providing financial rewards for achieving positive impact
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 organizations
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.
Overview
| Organizer | Impact-Linked Fund for Education (ILF for Education) |
| Website | Visit website |
| Targets |
Afghanistan, Albania, Algeria, Armenia, Azerbaijan, Bangladesh, Benin, Bolivia, Bosnia and Herzegovina, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad, Colombia, Congo, Democratic Republic of the, Côte d'Ivoire, Egypt, Eritrea, Ethiopia, Georgia, Ghana, Honduras, Iraq, Jordan, Kenya, Kyrgyzstan, Laos, Lebanon, Libya, Mali, Moldova (Republic of), Mozambique, Myanmar, Nepal, Nicaragua, Niger, North Macedonia, Palestine, State of, Rwanda, Serbia, Somalia, South Sudan, Sudan, Syria, Tajikistan, Tanzania, United Republic of, Tunisia, Ukraine, Uzbekistan, Yemen
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| Sectors | Education |
| SDG (1) |
4. Quality Education
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