Social impact bonds are a complex concept. But this episode tries to break it down and shares a success story. The key to social impact bonds is that the service providers only get paid if the project goes well — an incentive for excellent delivery.
Lerato Lehoko is the former managing director of Bonds4Jobs, a financial intermediary that implemented the first social impact bond in South Africa. In this episode Lerato explains how the private investment group Yellowwoods and the nonprofit Harambee Youth Employment Accelerator successfully set up the Inclusive Youth Employment Bond. We talk about how this bond is helping inclusive youth employment in South Africa and about the potential of social impact bonds more generally.
Listen to Ann Mei Chang’s episode here
Listen to Nicola Galombik’s episode here
--
Learn more about Spring Impact. Follow us on Twitter, LinkedIn, and Instagram.
1. On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
2. Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
3. The Joe Rogan Experience
The official podcast of comedian Joe Rogan.