Project Details

Microfinance

Across the world people living in poverty are disproportionately excluded from the formal financial system. They have to depend on informal means to manage their day-to-day expenditures, save, and bor...

Nov 1974 - Mar 2050
Gaibandha District 7 Upazila
Poverty Alleviation
BRAC
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BRAC

Implementing Organization

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Contact

Contact Person

Md.Musarof Hossain

Phone

01730346517

Office Address

BRAC Centre, 75 Mohakhali, Dhaka-1212

Project Objectives

We particularly focus on women living in poverty in rural and hard-to-reach areas, to create self employment opportunities, build financial resilience, and harness women's entrepreneurial spirit by empowering them economically. BRAC International Microfinance operates in seven countries outside of Bangladesh.

Expected Outcomes

The outcome of the BRAC microfinance program is largely positive, with significant impacts on client poverty reduction, especially for women, and improvements in assets, savings, and household income. Clients show higher rates of graduating from poverty and retaining non-poor status compared to non-members, and many use loans for productive investments. BRAC also focuses on financial inclusion, client protection, and adapting to client needs through digital services and specialized products like health and savings loans.

Project Gallery

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Focus Areas

Poverty Alleviation

Project Information

Location:

Gaibandha District 7 Upazila

Target Beneficiaries:

80000

Start Date:

Nov 01, 1974

End Date:

Mar 01, 2050

Budget Information

Total Budget:

7,200,000,000.00 BDT

Spent Amount:

5,250,000,000.00 BDT

Remaining Budget:

1,950,000,000.00 BDT

Currency:

BDT