COOMACOVALLE, is an organization of the solidarity sector that seeks to improve the quality and standard of living of its employees and the beneficiary population, through social programs and the revitalization of productive units that seek the restoration of rights and the construction of patterns of harmonious and peaceful coexistence that impact the individual in a personal, family, economic and social way, counting on several productive units and currently having the management of the government programs of the "From zero to always" strategy of the Colombian Institute of Family Welfare - ICBF, with more than 870 people hired directly and more than 300 people indirectly. This great joint effort has made it possible to serve more than 8,500 beneficiaries among children, pregnant women, infants and families.
Measurement Matters is carrying out an initial study to build the results framework for the social value they generate in their early childhood care programs. Working together with our partner, The BC.Lab, we are currently carrying out this study which focuses on the nutritional outcomes of Coomacovalle’s current system in order to have a framework on which to develop a Social Impact Bond to scale their business model. Coomacovalle serves more than 8,000 children below the age of 5 in the at-risk neighborhood of Aguablanca in Cali. In addition to childcare, Coomacovalle provides the children with nutritious meals which are supplied by their network of local suppliers and businesses. Our objective is to measure the social value of Coomacovalle’s initiatives, specifically in relation to improving the nutrition of children under 5 years old, in order to effectively manage that impact and provide a foundation of measurement on which their business model can grow and achieve self-sustainability. Together, with the Secretary of Health of Cali’s City Council, Coomacovalle and The BC.Lab, We will be presenting out initial findings at the event, Nutrition 2030 in Cali on March 1st in order to advocate for children’s nutrition and gather more stakeholders around this fascinating project.