From the IDB: "The objective for the intervention of the social impact bond (SIB) would be to achieve better economic conditions for the MJF that are already enrolled in the State of Jalisco Program, Apoyo a Mujeres Jefas. Emerging evidence suggests that outcomes-based financing models can lead to greater impact with the same money. With the goal of expanding this program with additional services that would eventually supplant the existing AMJF, the State of Jalisco is proposing a SIB in order to finance these services."
ACCOUNTABILITY MECHANISM OF IADB
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).