Measuring Impact

Measuring Impact

Curious about investing in girls? Here's how we're gathering evidence

What products do girls need?

Do they have money to spend? How can companies fulfil their social objectives and make a profit? How can investors judge where they will achieve greatest impact? SPRING addresses these questions by creating a unique body of evidence based on programme monitoring and independent evaluation.

Monitoring & Evaluation

The approach to M&E for the SPRING Accelerator combines monitoring by the programme team with an independently conducted evaluation. We track and evaluate SPRING’s impact on girls, the selected businesses, and the wider market. This includes:


  • Earned revenues
  • Unit sales of products
  • Number of unique customers/customers who are girls
  • Profits/net income
  • Staff numbers
  • New investments secured


  • Increase in girls’ incomes
  • Increase in value of girls’ secure assets
  • Girls’ participation in secondary education
  • Increase in girls’ free time (reduction in their lack of time)
  • Various other indicators of empowerment, such as freedom from violence, food and nutrition, age of marriage, access to information, and sexual and reproductive health