BRAC: Empowering the poor (and self-financing 80% of its work)
A constant theme on this blog is the idea that aid is especially valuable when it can empower the recipients and help them become self-sufficient. Many international organizations do this but there is one in particular that has caught my attention – mostly because it has been able to self finance 80% of its work.
BRAC works with people whose lives are dominated by extreme poverty, illiteracy, disease and other handicaps. With multifaceted development interventions, BRAC strives to bring about positive changes in the quality of life of the poor…
Active in Asia, Africa, the U.S. and United Kingdom, the organization’s main areas of focus include economic development, education, health, human rights and legal services, social development, agriculture, environment, knowledge and capacity building, governance and finance and social enterprises.
From the organization’s blog (which we will link to our side bar), we have re-posted an interview with Ian Smillie, the author of Freedom From Want, who talks about what makes BRAC so unique. (And while visiting their blog, be sure to check out the story about Asiya in Bangladesh who has done amazing things with her BRAC loan.)
[H/T to Global Voices Online.]
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