Cutting-edge social finance to improve the well-being for a growing ageing population and tackling one of the biggest urban challenges today

Reducing loneliness & social isolation for the elderly
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$480,000

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PROGRAMS / WELFARE

Executive Summary: Using cutting-edge developments to help combat loneliness and promote social bonds among the elderly community

The Need: Tel Aviv has the second largest population of over 65 in Israel, a country with an above-average prevalence of loneliness.

Objective: Facilitate a program of face-to-face and digital services to improve social connections for elderly residents through a cutting-edge Social Impact Bond.

Impact: Reduce loneliness and social isolation by 20% for elderly
residents over 12 months.

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