MasterCard Foundation

December 3, 2015

Going back to the roots: Why the youth needs to come back to farming

Not often does one come across a girl who is interested in chasing a career in agriculture. Paradoxically, research shows that more than 60 per cent of women worldwide are responsible for putting food on the table. In that case, why aren’t more people, notably young women taking up a profession in agriculture?
September 22, 2014

When small results in BIG

Maria Ndagire is 17 years old. Her parents died when she was only four years old. “My uncle had to take care of us after our parents died, but it was not easy. He already had his own children to care for and did not earn that much money.” Ndagire almost gave up on life when the only brother she had, left home one day never to return again. She was able to go to school, only because the head teacher there was her aunt. But her losses did not make her lose focus.
January 30, 2013

Video girls for change

I wrote recently about the impressive return on investment calculated by one World Bank economist based on the per-girl cost of BRAC’s girls’ empowerment clubs, Empowerment and Livelihood for Adolescents. Numbers are one thing, but what really hits home are the results in terms of people’s lives – people like Olivia Kyomuhendo, age 22.
June 26, 2012

Safety net for the poor: BRAC Bangladesh – part 1

Syed Hashemi, head of the BRAC Development Institute at BRAC University, talks about BRAC's "safety net for the poor" - the ultra poor program - on the Microsave podcast. Check out the video below.
February 7, 2012

Productive Safety Nets for Women in Extreme Poverty

The following was originally posted by Karishma Huda on the Graduation Program blog. The CGAP-Ford Foundation Graduation program is an initiative to adapt the methodology of BRAC's Ultra Poor program in Bangladesh in ten countries across the worl
December 1, 2011

Asqual and Mehrat climb out of extreme poverty

The below article was originally posted by Ann Miles, Director of Microfinance at The MasterCard Foundation, and Susan Davis, President & CEO of BRAC USA on the CGAP-Ford Graduation Program blog. Earlier this month, Ann and Susan visited one of the Graduation Program pilot projects in Ethiopia.
November 30, 2011

Graduating the poor out of poverty in Ethiopia

The below article was originally posted by Sandeep Kaur, a Communications Officer at BRAC Development Institute (BDI) on the CGAP-Ford Graduation Program blog.
November 8, 2011

Climbing the Ladder of Prosperity in Uganda

The below post was originally published on The MasterCard Foundation blog by Peggy Woo, CFO of The MasterCard Foundation, after her latest trip to visit BRAC's programs in Uganda.  The MasterCard Foundation partnered with BRAC Uganda in 2008 to scale up our programs to defeat poverty to reach 4.2 million Ugandans.
October 25, 2011

Letter From Uganda: Given the Tools to Fight Poverty, Africa’s Women Tend to Win

A ripple of laughter spreads through the room during Beatrice's prayer. We're in the town of Nansana, in central Uganda, taking part in a meeting of 25 micro-borrowers, all of them local women. Somebody translates: "Dear Lord, please make us strong and successful," Beatrice said before the group, before adding: "And put women above men for a change."
July 18, 2011

Expanding Access to Microfinance in Uganda

It was 7:30 in the morning the members of Kiwafu (A) microfinance group were gathering for their first group meeting. The group was officially formed two days ago, on the 16th of July 2011. 21 women who lived in the surrounding areas were sitting neatly in a courtyard. For the next four weeks, they will be going through an orientation programme. After the orientation, they will become the newest borrowers under BRAC’s microfinance programme.This group was formed under the newly established BRAC branch in Entebbe. This newly established branch is one of 20 new branches, being set-up as a part of BRAC’s ground-breaking partnership with the MasterCard Foundation in Uganda.
April 8, 2011

Skoll 2011: Interview with Susan Davis and Rumee Ali

The following article, written by Jenna Nicholas, was originally published on April 6, 2011 on the Stanford Social Innovation Review (SSIR) Blog. One of the most exciting announcements at the Skoll World Forum was revealed during the opening plenary: BRAC and MasterCard Foundation announced a $45 million partnership, created to scale BRAC’s innovative microfinance multiplied model in Uganda (more about the partnership here).
March 30, 2011

BRAC and The MasterCard Foundation Announce the Expansion of their Partnership in Uganda

BRAC and The MasterCard Foundation today announced the expansion of a $45 million partnership to scale BRAC's innovative microfinance multiplied model in Uganda. The announcement, which was made at the opening plenary of the 2011 Skoll World Forum on Social Entrepreneurship, will enable BRAC to expand its network to 129 branches, benefiting more than four million Ugandans."The MasterCard Foundation aims to scale innovative microfinance programs in Africa to improve the lives of people living in poverty," said Reeta Roy, President and CEO of The MasterCard Foundation. "BRAC's holistic approach integrates microfinance and livelihood services to help women to become productive economically and build assets to benefit their families."