financial inclusion

September 2, 2014

How millions of women like Chobi are beating ultra poverty

“When it would rain, we did not have a dry area to sleep… I used old and torn rags to cover my children.” The video speaks for itself. A self-told story about how Chobi Rani, with the assistance of BRAC, brought herself out of the harshest forms of poverty, to feed and send her children to school, live in a comfortable home and maintain successful enterprises in farming.
August 12, 2014

The safe space intervention

Around 20 girls sit in a small room, decorated with messages about leadership, reproductive health and family planning along with pictures they have drawn themselves. This is a BRAC Empowerment and Livelihood for Adolescents (ELA) club. This particular club called Bwebajja is located in a semi-urban area, under BRAC’s Kajjansi branch in Uganda. Huddled together, the girls look up at us, muzungus (foreigners) with awe and anticipation. They know who we are. They know BRAC. They call it “Blaca.”
July 9, 2014

Inclusive microfinance – putting the ‘ability’ into ‘disability’

On  24 June, 2014, BRAC welcomed Joshua Goldstein from the Center for Financial Inclusion at Accion, to Bangladesh. Josh, a key figure in the campaign for disability-inclusive development, is helping to galvanise a worldwide movement that takes financial inclusion that necessary step further- including persons with disabilities. Naturally - connecting with the world’s largest NGO seemed like a great place to start.
June 1, 2014

7 ways BRAC will innovate with mobile money this year

We are excited to officially announce the winners of the innovation fund for mobile money challenge! These projects were selected from the 100 ideas that were submitted on the innovation fund challenge web site, reviewed by external advisors, and finally decided on by an internal judging panel. These projects will be implemented over the course of the next year by BRAC in Bangladesh—so stay tuned for many more updates!
January 28, 2014

The decidedly not flat world of data

Last week I wrote about mobile phones and the potential for unbanked and poor households to benefit from digital financial services, as an introduction to topics that we’ll explore on Day 1 in the upcoming Frugal Innovation Forum: Scaling Digitally.  Day 2 will bring yet another exciting and urgent topic—data.  
January 22, 2014

2014: time to scale digitally

As if that’s not enough, there will be substantial growth in the number of people online. Google is hoping to create access for 50 million women in India alone. Most of this won’t be through computers. The “one laptop per child” mantra has given way to a “one affordable, probably made-in-china smart phone per child” approach.
June 19, 2013

Do-it-yourself finance goes global

A lack of formal financial services serving the poor and even middle income households leads to those households finding ways to supply financial services themselves. Wealthy country or not.
June 12, 2013

Comparing branchless banking in Bangladesh and Pakistan

Bangladesh is a recent entrant into branchless banking – deployments only began in earnest in the middle of 2011. CGAP reviewed the first year of branchless banking (referred to as “mobile financial services” in Bangladesh) together with Bangladesh Bank up to March 2012.
November 17, 2011

Microfinance Pioneer Sir Fazle Hasan Abed, Founder of BRAC, Advances “Business in a Box” Strategy

The world's largest antipoverty organization advocates a market-oriented approach to job creation and poverty alleviation, putting poor borrowers on a path to prosperity by giving them a “business in box.”
November 15, 2011

Letter from Tanzania: Reaching the unreached

A few weeks ago, I found myself in Mbeya, the southernmost region of Tanzania. It's not an easy task to get here, for Mbeya lies some 800 kilometers from the capital, Dar-es-Salam, near the borders of Zambia and Malawi.
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 27, 2011

Trickle Up uses BRAC Development Institute’s “life histories” research to enhance its program for the ultra poor

The following was originally posted on the CGAP Graduation blog by Janet Heisey, Director of the Asia Program at Trickle Up. The research paper "And Who Listens to the Poor? Shocks, Stresses and Safety Nets in India and Pakistan" by Karishma Huda, Sandeep Kaur and Nicolina Lamhauge, offers an interesting framework for qualitative evaluation of livelihood programs, such as those we implement at Trickle Up. It posed and answered some interesting questions: what keeps extremely poor people trapped in cycles of deprivation? Does the Graduation Program address these constraints? How can programs allocate resources to ensure that the maximum number of participants succeed?