CONNECT

Dr. Mushtaque Chowdhury
Vice-Chairperson and Interim Executive Director

BRAC, the largest international development organization in the world, works to empower the poor to improve their own lives through economic, social, and legal programs that unleash human potential and address the many dimensions of poverty.

Why We Invested

Since its founding in Bangladesh in 1972, BRAC has established itself as a pioneer in tackling the underlying causes of poverty to enable sustainable poverty reduction. BRAC gives people the tools to fight poverty across all fronts, offering services in the areas of economic empowerment, enterprise development, livelihood training, education and health, and human rights and legal services. Omidyar Network supports BRAC’s work across a range of core programs in economic development and legal services.

BRAC’s economic development program supports job creation, economic entrepreneurship, and access to resources and income-generating activities to help poor rural women develop skills and tap opportunities to improve their lives. Through its microfinance initiative, BRAC has created hundreds of thousands of local associations through which it provides group-based microloans for poor women as well as microenterprise loans for individual men and women.

SECTOR
Nonprofit
GEOGRAPHIC FOCUS
Africa
INVESTMENT LEAD
Arjuna Costa
GOVERNANCE ROLE
Project Steering Committee Member
TOTAL COMMITTED
$6,200,000(2009)
$1,440,000(2010)