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pay to social
A social impact bond (SIB), also known as pay-for-success financing, pay-for-success bond (US), social benefit bond (Australia), pay-for-benefit bond (Australia), social outcomes contract (UK), social impact partnership (Europe), social impact contract (Europe), or simply a social bond, is a form of outcomes-based contracting. Although there is no single agreed definition of social impact bonds, most definitions understand them as a partnership aimed at improving the social outcomes for a specific group of citizens. The term was originally coined by Geoff Mulgan, chief executive of the Young Foundation. The first SIB was launched by UK-based Social Finance Ltd. in September 2010.By July 2019, 132 SIBs had been launched in 25 countries, and they were worth more than $420m. As of May 2023, 23 countries use SIBs, with (as of 2022) 276 projects in place and capital raised to the value of $745m.
IMPORTANT: HUWAG KAYONG GUMAWA NG ACCOUNT NA DI TOTOONG NAME ANG ILALAGAY NYO, SAYANG DIN KASI ANG EFFORT, YUNG MGA SUMALI NA DUMMY NAME GAMIT HABANG MAY CHANCE MAGBAGONG BUHAY NA KAYO! HEHEHE (I MEAN BAGUHIN NYO AT YUNG TOTOONG NAME AT DATA ANG ILAGAY NYO,) SALAMAT SA MGA SUMALI. GOD BLESS US...