You’d be forgiven for thinking microfinance has gone wildly out of fashion. The “development caravan”—defined as the wagon train of poverty interventions that excite donors—has pulled away from micro-lending, drawn to more powerful things like BRAC-style graduation programmes (which aim to “graduate” people from extreme poverty into a sustainable livelihood) and bKash-like mobile money, according read more...
The world's largest nonprofit organisation, BRAC is a global leader in creating opportunity for the world's poor. Opinions expressed on the BRAC Blog are the authors' own. Visit BRAC.net.
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