Posts Tagged ‘BRAC’

Microfinance Focus, Sep 23, 2010:  BRAC one of the largest microfinance organizations has joined hands with the American Pakistan Foundation to rebuild the lives of flood affected people in the Pakistan. The American Pakistan Foundation will be supporting BRAC, through its U.S. affiliate BRAC USA, to start livelihood recovery efforts across three districts in the Khyber Pakhtunwa province of Pakistan. The program will enable 200 ... Full story

By Anna Reitman and Asma Azmi, Microfinance Focus, Sep 7, 2010: Pakistan’s torrential floods which were declared as one of the worst-ever disasters of the world by United Nations have submerged a fifth of the country and left more than 6 million of its people homeless. The number of people suffering from the flooding exceeds 13 million which is reported to be more than the combined total of ... Full story

Microfinance Focus, Aug 12, 2010: With the heavy rainfalls and the ensuing flood in Pakistan, BRAC, world’s largest development organization has temporarily halted its microfinance and health operations in Khyber-Pakhtunkhwa and is focusing on providing emergency relief.  “Drawing upon years of experience in flood relief work in Bangladesh, a flood-prone country, BRAC Pakistan staff are rapidly and effectively assisting the people of Khyber-Pakhtunkhwa province,” said Susan ... Full story

Microfinance Focus, July 13, 2010: In an effort to rebuild the disaster struck nation of Haiti, the Clinton Bush Haiti Fund (CBHF) have announced $1 million in new grants aimed at creating new jobs and promoting economic opportunity in Haiti. The grants announced will create opportunity for Haiti's workers and businesses in key industries - garment production, microfinance, the artisan community, and the health sector. Post-earthquake ... Full story

By Asma Azmi Microfinance Focus, Feb. 27, 2010: World’s poor are the major victims of any natural disaster striking our planet. Their meagre livelihood leaves them vulnerable to the post disaster upheavals. Faced with unemployment and unsteady market conditions, their lives become a constant struggle for daily sustenance. Although there is always a surge in aid and grants to a disaster affected region, they are often poorly ... Full story

Microfinance Focus , Dec. 03, 2009 : Fazle Hasan Abed, the founder and Chairperson of BRAC, the pioneering microfinance institution in Bangladesh, has been the awarded the inaugural “Entrepreneur for the World” Award in the Social Entrepreneur category at the World Entrepreneurship ... Full story

MicrofinanceFocus, July 23, 2009: BRAC, a non-profit organisation, is leading a $15 million initiative to rebuild war-torn communities in Sierra Leone and Liberiaon on a long-term sustainable strategy, including microfinance, with support from the Soros Economic Development Fund, Open Society Initiative for West Africa, Omidyar Network and Humanity United, said a statement on Wednesday. The two-year pilot program is being funded through a combination of grants and equity. BRAC is also negotiating to raise additional debt capital to finance the loan portfolio. Full story