Social impact bonds are helping solve South Africa's toughest challenges

Social impact bonds are providing a relatively new way of improving health and education outcomes in developing countries. While these have been used successfully in the developing world, South Africa is relatively new its use of social impact bonds, which use a “pay for success” model to spur investment in experimental programs. Though still in the early stages, the use of this creative financing looks like it will be a huge asset in the development world.

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