description BRAC Overview
BRAC is a global development organization dedicated to alleviating poverty and empowering communities. Their holistic approach integrates education, skills training, microfinance, and healthcare to create sustainable pathways out of poverty. BRACs unique model emphasizes community ownership and local leadership, ensuring programs are tailored to specific needs and fostering long-term impact. They operate in numerous countries, reaching millions of individuals.
balance BRAC Pros & Cons
- Exceptional scale and reach
- Integrated poverty reduction programs
- Strong measured social impact
- High charity evaluator ratings
- Complex decentralized operations
- Microfinance model draws criticism
help BRAC FAQ
Where did BRAC start?
BRAC began in Bangladesh in 1972 after the Bangladesh Liberation War. It later grew into one of the world's largest development organizations, working across areas such as education, health, microfinance, and livelihoods.
What does BRAC do besides microfinance?
BRAC's work includes schools, community health programs, skills training, anti-poverty graduation programs, and support for women and girls. Its model is broader than a lender because it combines services that address several causes of poverty at once.
What is BRAC's Graduation approach?
The Graduation approach is a poverty reduction model that combines assets, training, savings, coaching, and social support. BRAC developed this approach in Bangladesh, and versions of it have been adapted by governments and NGOs in other countries.
Is BRAC the same as BRAC Bank?
No. BRAC is the development organization, while BRAC Bank is a commercial bank in Bangladesh that grew out of the broader BRAC ecosystem. The distinction matters because donations and program work are tied to the NGO side, not simply the bank brand.
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