our impact

Creating pathways to education and employment for 60,000+ young people.

Graduates celebrating their achievements at a Chancen-supported graduation ceremony

our impact

Creating pathways to education and employment for 60,000+ young people.

Who we serve

We exist for those left behind by traditional finance.

The low-income, rural youth and especially the young women, who face the highest barriers to education and work.

78%
Low Income

<$2 / day households

85%
Rural youth

including urban/peri-urban informal settlements

60%
Women

advancing gender equality

proven results

We are not filling seats in classrooms.

We are aligning every actor — students, institutions, funders, employers — around employment and livelihood outcomes.

Map of Africa highlighting Chancen’s education programmes in Rwanda, Kenya, Ghana and South Africa.

Ghana

South Africa

Rwanda

Kenya

%

%

%

Chancen Members Graduate

%

%

%

Gain employment and/or income

x

Income multiple

of our graduates compared to national medians

$k

$k

$k

Additional lifetime income

generated by Chancen intervention compared to counterfactual group (Rwanda)

member stories

What our members tell us

0%
0%
Satisfied or very satisfied

with their Chancen experience

0%
Report increased confidence

to pursuing new opportunities

Behind every number is a young person with a story.

They become entrepreneurs, nurses, doctors, and carers, do good through NGOs and in their communities, and claim top jobs in fields like engineering and finance. Watching them grow into the leaders they're becoming is the best part of what we do.

cost-effectiveness

Every $1 invested. $60 in lifetime income.

Our funding

$:1

$:1

$:1

For every $1 invested in a Chancen Member, $60 in lifetime income is generated — based on a Rwanda counterfactual study.

How this compares

Cash transfers (GiveWell benchmark)

$:1

Chancen, GiveWell-style conservative method*

$:1

*Applying GiveWell's 4% discount rate methodology, removing inflation from income growth assumptions, and assuming a 2-3 year non-work study period. Even under conservative cross-check, Chancen outperforms standard benchmarks.

Cover of Chancen International’s 2025 Impact Report highlighting education, employment and social impact across Africa.
Cover of Chancen International’s 2025 Impact Report highlighting education, employment and social impact across Africa.
Our Impact Report 2025

Find our latest findings on each of these questions:

how we measure our impact

The Six Essential Questions

We use a framework we call the Six Essential Questions, anchored to the lives of the young people we serve.

01
Who are the learners we serve?
02
Are they completing high-quality education?
03
Are they securing meaningful employment?
04
Are they achieving lasting economic mobility?
05
Is our model sustainable, ethical, and scalable?
06
Are we strengthening the broader system?

timeline

How we hold ourselves accountable.

We don't measure our own impact in isolation. We continuously seek to validate and deepen our understanding of our impact through independent external evaluations — from customer voice studies to randomised controlled trials.

  1. 2024

    Rwanda

    60 Decibels Study

    A customer voice study of Chancen ISA beneficiaries in Rwanda, conducted in partnership with 60 Decibels and with support from the U.S. Development Finance Corporation (DFC), to assess the impact of ISA financing on quality of life, education access, and economic outcomes.

    Key Findings

    %

    were accessing this type of financing for the first time

    %

    had no viable alternative route to study

    Partners
    Logo of U.S. International Development Finance Corporation
    Logo of 60 Decibels
  2. 2024

    Rwanda

    60 Decibels Study

    A customer voice study of Chancen ISA beneficiaries in Rwanda, conducted in partnership with 60 Decibels and with support from the U.S. Development Finance Corporation (DFC), to assess the impact of ISA financing on quality of life, education access, and economic outcomes.

    Key Findings

    %

    were accessing this type of financing for the first time

    %

    had no viable alternative route to study

    Partners
    Logo of U.S. International Development Finance Corporation
    Logo of 60 Decibels
  3. 2024

    Flag of Rwanda

    rwanda

    Counterfactual Study

    A study of applicants from the 2022 and 2023 cohorts who applied for a Chancen ISA but were not selected due to limited ISA spots, to understand what happened to them without access to financing

    Key Findings

    %

    reported negative impact from not being selected

    %

    were not able to study or find employment

    Partners
    Logo of University of Groningen
  4. 2024

    Flag of Rwanda

    rwanda

    Counterfactual Study

    A study of applicants from the 2022 and 2023 cohorts who applied for a Chancen ISA but were not selected due to limited ISA spots, to understand what happened to them without access to financing

    Key Findings

    %

    reported negative impact from not being selected

    %

    were not able to study or find employment

    Partners
    Logo of University of Groningen
  5. 2024

    Flag of Rwanda

    rwanda

    Randomized Control Trial Pilot

    The first randomized controlled trial of an Income Share Agreement in a developing country context, conducted to measure the impact of Chancen financing on education and employment outcomes with a particular focus on women.

    Key Findings

    Expected in 2027

    Partners
    Logo of University of Groningen
  6. 2024

    Flag of Rwanda

    rwanda

    Randomized Control Trial Pilot

    The first randomized controlled trial of an Income Share Agreement in a developing country context, conducted to measure the impact of Chancen financing on education and employment outcomes with a particular focus on women.

    Key Findings

    Expected in 2027

    Partners
    Logo of University of Groningen
  7. 2025

    kenya

    Chancen Kenya Study

    This study explores how and under what conditions Chancen's ISAs improve outcomes for youth who have been historically excluded from education and economic opportunity in Kenya. It is conducted in partnership with Norrag, Bertha Centre at University Capetown and Volta Capital as part of the global Innovative Financing for Education to Leave No One Behind initiative.

    Timeline

    September 2025 - September 2026

    Partners
    Logo Ife To Leave No One Behind
    Logo Bertha Centre
    Logo Geneva Graduate Institute
    Logo of Volta Values & Investing
  8. 2025

    kenya

    Chancen Kenya Study

    This study explores how and under what conditions Chancen's ISAs improve outcomes for youth who have been historically excluded from education and economic opportunity in Kenya. It is conducted in partnership with Norrag, Bertha Centre at University Capetown and Volta Capital as part of the global Innovative Financing for Education to Leave No One Behind initiative.

    Timeline

    September 2025 - September 2026

    Partners
    Logo Ife To Leave No One Behind
    Logo Bertha Centre
    Logo Geneva Graduate Institute
    Logo of Volta Values & Investing
  9. 2026

    Future of Work Fund

    BlueMark Platinum Certification

    Chancen International's Future of Work Fund was independently assessed by BlueMark across four pillars of impact accountability: Strategy, Governance, Management, and Reporting.

    Key Findings

    Awarded a Platinum rating, the highest possible and recognised on the BlueMark Fund ID Leaderboard for exemplifying the highest standards of impact accountability

    Partners
    Logo of Bluemark
  10. 2026

    Future of Work Fund

    BlueMark Platinum Certification

    Chancen International's Future of Work Fund was independently assessed by BlueMark across four pillars of impact accountability: Strategy, Governance, Management, and Reporting.

    Key Findings

    Awarded a Platinum rating, the highest possible and recognised on the BlueMark Fund ID Leaderboard for exemplifying the highest standards of impact accountability

    Partners
    Logo of Bluemark
  11. 2026

    Group level

    Graduate Outcomes Study

    This multi-country study will examine the outcomes of Chancen’s graduates by comparing their trajectories to those of a similar population at the point of ISA application.

    Timeline

    2026-2027

  12. 2026

    Group level

    Graduate Outcomes Study

    This multi-country study will examine the outcomes of Chancen’s graduates by comparing their trajectories to those of a similar population at the point of ISA application.

    Timeline

    2026-2027