results-based financing

118, Avnish Gungadurdoss, Instiglio | Tying funding to results

Instiglio is a nonprofit with a mission of maximizing the social impact of every cent spent on social programs. They accomplish that by tying funding to results. Avnish Gungadurdoss grew up on the island nation of Mauritius. He was drawn to do social work at a young age. “I remember being taken by how much the poor’s trajectory was completely dependent on where they were born,” he told me. “To me that was a crazy thought, that life is up to the random chance of where you were born.” While working in the field and seeing firsthand the gap between the promise of social programs and their outcome, he recognized that…

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