financial inclusion

September 6, 2021

‘New poor’: Ensuring inclusive growth amidst the new challenges of the pandemic

24 million people, or 14% of the population, have been newly pushed into poverty as a result of the pandemic in Bangladesh. Learn how BRAC has introduced new interventions to ensure that this group can restart their lives as the country emerges from lockdowns, and build resilience for future shocks.
September 5, 2021

Demonstrating the impact of client-centric microfinance

In the past two years, we have heard from over 5,000 clients across seven countries in 10 languages. Together with social performance management activities, these phone-based perception surveys are now part of our ongoing efforts to keep ourselves accountable to the impact bottom line. Read an excerpt from our Microfinance Impact Report:
August 8, 2021

Development that works for indigenous people in Bangladesh

Bangladesh is home to over 50 indigenous groups. They speak over 35 languages and comprise over 1.8% of the population. 80% live in the plainlands in northern Bangladesh and the rest live in the south, in the Chittagong Hill Tracts. BRAC’s indigenous project has been working with indigenous people living in plainlands in Bangladesh for nine years now, and has learnt valuable lessons on what works.
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 21, 2021

Climate solutions from Bangladesh: The Climate Bridge Fund

We are exploring the Climate Bridge Fund, a unique climate financing mechanism in Bangladesh that supports non-governmental organisations directly responding to people displaced by climate change.
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.