NEW DELHI: The world’s first domestically funded Sustainable Development Goals Bond (SDG Bond) was announced today by ChildFund India (ChildFund) and Grameen Impact Investments India (Grameen Impact). The Women Holistic Empowerment and Enhanced Livelihood (WHEEL) Impact Bond has been launched under the Grameen Outcome Accelerated Lending (G.O.A.L) Impact Bond Series.
The WHEEL Impact Bond would work towards helping 2000 marginalized tribal women in Maharashtra & Madhya Pradesh to become self-reliant and empowered by training them to become poultry farmers (micro-entrepreneurs), with a specific outcome target of an average annual net income of INR30,000 through this intervention.
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