From: Yona Maro
A social impact bond is a new financial tool that uses capital from private investors to scale successful non-profits and save governments money. Although a relatively new structure, social impact bonds have already been applied to prison recidivism, health interventions and educational programs with encouraging preliminary results.
To read more about the future of social impact bonds and how they work, see the Social Enterprise Associates blog.
Link:http://www.socialenterprise.net/blog/SIB.html
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