Financial inclusion

July 13, 2021

Village cooperatives addressing COVID-19: Stories from the gas-field regions of greater Sylhet

Cooperative societies are the major wheel turners of the rural economy in Bangladesh. With 3,998 members, 110 village development organisations have been established around the gas-field areas of Sylhet, Moulvibazar and Habiganj districts of Bangladesh. These cooperatives, formed to enhance the socio-economic conditions of its members, are registered with the government’s Department of Cooperatives, supported by the Jibika project in collaboration with BRAC and Chevron.
July 13, 2021

Adapting the Graduation approach for urban poverty

As COVID-19 continues to disrupt economies around the globe, the number of people living in urban poverty is increasing at an alarming rate. Urban contexts present unique challenges to poverty that require contextualised, adaptable interventions. Learn how BRAC is helping communities living in urban poverty address these challenges.
July 6, 2021

Putting farmers first: Introducing seasonal loans from BRAC Microfinance

Where does the food on your plate come from? In Bangladesh, food security is primarily maintained by the agricultural sector. However, challenges exist in financing agricultural activities, particularly for farmers living in vulnerable conditions.
June 15, 2021

Dry fish, betel leaf and business: Three women challenging poverty in Bangladesh

Cox’s Bazar, popular as the longest uninterrupted sea beach in the world, is also now globally known as the home of the largest refugee camp. The sudden influx of refugees added multiple challenges to people living in the host community, including a fall in wages and price hike of essential commodities. Cox’s Bazar’s geographic location, social and religious outlook, and refugee surplus demand targeted development interventions to lessen the economic vulnerability of the host communities residing there.
April 21, 2021

Climate resiliency through the lens of ultra-poverty: Six interventions from BRAC

Bangladesh ranks seventh in the global top ten most affected countries in the climate risk index 2021 report. Approximately 13.3 million Bangladeshis are estimated to be displaced by 2050 due to climate change impacts. To combat challenges of climate-induced disasters, learning from the past can be instrumental in reducing risks and better support people living in ultra-poverty.
April 19, 2021

Disaster within a crisis: How did COVID-19 and Cyclone Amphan affect families living in ultra-poverty?

On 20 May, 2020, super cyclone Amphan tore through the coastal regions of southern Bangladesh. Sufia Begum emerged from the safety of a cyclone shelter with her husband only to find their home destroyed by a fallen tree. Seeing the damage, she broke down in tears. “We were already struggling to manage food,” she said. “Where do we live now? Where will we get the money to repair the house?”
April 13, 2021

Liberia, Class of ‘21: Women take a big step out of extreme poverty

Welcome to Liberia's Class of 2021, where women living in extreme poverty are creating a silent revolution. In a span of three years, 750 women have lifted themselves and their families out of poverty. What made it possible? Adolphus BW Doe shows us.
April 5, 2021

How all-women village solidarity committees are helping women escape poverty

There is more to poverty than we see. Living below the poverty line does not only mean lack of food and money. It also encompasses lack of agency, absence of social integration, capacity deficiency in accessing essential services. To eradicate extreme poverty, approaching poverty’s multidimensional aspects is key.
March 11, 2021

How BRAC Microfinance provides mental health support to their field staff

The COVID-19 pandemic meant that a lot of work had to be done at the community level. Fahima Akter*, working as a credit officer at BRAC Microfinance, took on the challenge head on. She travelled across Bangladesh, helping families through their financial crises, and providing life-saving information. The inevitable exhaustion that the world had been experiencing throughout most of 2020 was catching up to Fahima. 
December 20, 2020

A shoulder to lean on: How coaching enables success in poverty graduation

Regular coaching and mentorship is one of the cornerstones of BRAC’s Graduation approach. In times of crises, coaching plays an even greater role in ensuring that households living in extreme poverty have the support, guidance, and encouragement they need to succeed.  “Coaching done well may be the most effective intervention designed for human performance.” - Atul Gawande
December 20, 2020

An innovation fund for the RMG sector

The ready-made garments (RMG) industry in Bangladesh has rightly been pointed out as a lifeline for Bangladesh’s economy. When COVID-19 disrupted businesses all across the country, one of the first responses in saving the sector in Bangladesh by the government was to launch a USD 588 million stimulus package.
November 19, 2020

Aquaculture for nutrition: Innovations from North Bengal

Smallholder fish farming is unheard of in arid North Bengal. Learn how more families are gaining access to nutrient-rich fresh fish and raising incomes, with skill transfer and access to finance.