{"id":42645,"date":"2021-09-16T19:19:19","date_gmt":"2021-09-16T19:19:19","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/case_studies\/ubs-optimus-foundation-social-success-note-2\/"},"modified":"2021-10-23T19:30:11","modified_gmt":"2021-10-23T19:30:11","slug":"ubs-optimus-foundation-social-success-note-2","status":"publish","type":"case_studies","link":"https:\/\/www.climatepolicyinitiative.org\/id\/gca-africa-adaptation-finance\/case_studies\/ubs-optimus-foundation-social-success-note-2\/","title":{"rendered":"UBS Optimus Foundation Social Success Note"},"content":{"rendered":"<p>This social success note (SSN) is designed to help provide schools in Uganda with access to clean water. Starting with a USD 500,000 working capital loan from UBS Optimus Foundation, Impact Water\u2014the implementing NGO\u2014will purchase and install the water purifications at the schools. The schools then repay their interest-free loan with the savings from on fuel that would normally be purchased to boil water.&nbsp;If targets are met, Impact Water will receive an interest rate discount, and a bonus payment from the Rockefeller Foundation to cover the remaining interest payments. Yunus Social Business will manage monitoring and evaluation and the success of the SSN is based on whether Impact Water provides an additional 1.4 million children with access to clean safe water of the 5-year term. The SSN is a 5-year loan with a 2-year grace period and is priced at 5%, with the UBS Optimus\u2019 return increasing to 10% if targets are met.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This social success note (SSN) is designed to help provide schools in Uganda with access to clean water. Starting with a USD 500,000 working capital loan from UBS Optimus Foundation, Impact Water\u2014the implementing NGO\u2014will purchase and install the water purifications at the schools. The schools then repay their interest-free loan with the savings from on [&hellip;]<\/p>\n","protected":false},"author":230,"featured_media":0,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-42645","case_studies","type-case_studies","status-publish","format-standard","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UBS Optimus Foundation Social Success Note - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/id\/gca-africa-adaptation-finance\/case_studies\/ubs-optimus-foundation-social-success-note-2\/\" \/>\n<meta property=\"og:locale\" content=\"id_ID\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UBS Optimus Foundation Social Success Note - CPI\" \/>\n<meta property=\"og:description\" content=\"This social success note (SSN) is designed to help provide schools in Uganda with access to clean water. 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