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BRAC's Microfinance and Social Responsibility Initiatives |
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ExcerptsBackground Note
Microfinance for Moderately PoorBRAC channeled microfinance delivery for the moderately poor as it felt that this segment was neither covered by the conventional microfinance providers, who targeted the poorest of the poor, nor the commercial banks. With the idea that the moderately poor could not be organized into a homogenous group, BRAC offered differentiated financial programs for different strata among them... Healthcare ProgramsOne of the first activities that BRAC undertook, even before implementing microfinance activities in a full-fledged manner, was healthcare. BRAC started to focus on child mortality in Bangladesh, which stood at 25% in 1975...
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