493 - Development Impact Bonds—An Innovative Approach to Financing Global Public Health Projects

Nonprofits or NGOs often find themselves limited by the terms of available grants, which may be insufficient or too short-term to meet certain needs. Enter development impact bonds, or investments made by a little-known government agency. Dia Martin, a managing director on the social enterprise finance team of the US International Development Finance Corporation talks with Dr. Josh Sharfstein about these bonds, and two initial projects: a cataract clinic in Cameroon and micro-enterprises for Syrian refugees in Jordan and Lebanon.