“In the early days of BRAC, many of the women we worked with had a hand-to-mouth existence. They could only dream of having, say, 5,000 Bangladeshi taka, or about $100, to buy a cow. We created borrower groups in each village, thus removing two of the biggest constraints on poor people’s ability to take control of their lives: a lack of resources, and a lack of solidarity among themselves.”

-Sir Fazle Abed, Founder and Chairperson of BRAC

BRAC believes that sustainable poverty reduction must unite both economic and social development. Microfinance activities are therefore seen as part of BRAC’s broader, holistic approach to development, by helping to build livelihoods, boost consumption, and improve access to a range of social services.


Since launching microfinance activities in 1974, BRAC has grown to become one of the world’s largest providers of financial services for the poor. Innovative, inclusive, and client-focused, BRAC has utilised its 40 years of expertise to design, test, and adapt loan and savings products to meet the unique needs of people living in poverty. Today, 4.8 million people have collectively borrowed $1.9 billion to support themselves, their families and communities out of poverty.

Our Approach

Microfinance, Multiplied


Microfinance Multiplied, a term coined by BRAC is the idea the impact of microfinance can be amplified when paired with other development programs. BRAC understands that poverty exists on a case by case basis and a shifting scale of severity. Reaching all corners of marginalised communities requires innovation within micro financial services. Drawing upon BRACs expertise and making its interventions widely accessible in areas such as rural development, education and health enables BRAC to not only meet but go beyond the  specific needs of different groups.

BRAC PROJECT, Nassoro Mhondogwa, selling dreid corn in the local market, free market program.

Microfinance Products & Services


BRAC offers a number of tailored savings and loans products to impoverished women, landless farmers, adolescents, migrant workers, and micro entrepreneurs. BRAC complements these solutions with financial education and client protection services that enable BRAC’s borrowers to make informed financial decisions.


Empowering Women


Across the world, women are disproportionately excluded from financial systems and resources needed to manage households, limiting their ability to be self-sufficient, or contribute to the family’s income and decision-making. Further, money in the hands of women is more likely to be invested in family needs, such as nutrition, and education. To meet this need, BRAC provides women with access to collateral-free credit and savings services. These services are delivered through Village Organizations (VOs), which are community lending and savings groups of 15-40 women. VOs meet regularly with BRAC staff and also offer a valuable opportunity to increase financial literacy, raise awareness about women’s rights, and learn about BRAC’s other services.

BRAC PROJECT, Sumu Mkinga. Woman running small grocery from Brac microfinance project, makes about $600 a month. Member of Nguvumoja finance group.

Program Highlights



bKash – the fastest growing mobile money provider in the world: bKash, a joint venture between BRAC Bank and Money in Motion provides a complete mobile financial service solution to expand access to a broader range of financial services, with the ultimate goal of universal financial inclusion. With over 100,000 community-based agents, bKash has a subscription base of more than 17 million clients. Read more
Banking the Poor

Banking the Poor

The financial lives of poor people are no different from those of the rich. They require the means to feed their family every day and the ability to budget for big expenditures, such as weddings, children’s education and building a home. But if you’re poor, your income is small and unreliable. Read more about how to economically empower the poorest.
Rating progress towards financial inclusion

Rating progress towards financial inclusion

BRAC has been an active supporter in the drive to facilitate universal financial access by 2020, having enabled the financial inclusion of over 6 million people in Bangladesh, Pakistan, Liberia, Sierra Leone, Tanzania, Uganda and Myanmar. The Center for Financial Inclusion says that in three years, the number of unbanked have dropped from 2.5 million to 2 million. Read more

Our Impact

Winnie the Hardware Girl

Thanks to the microloans and training that Winnie Namugenyi received through the BRAC Empowerment and Livelihood for Adolescents program, she now runs a successful hardware store in Kyengera and is helping her family out of poverty.

Key Supporters of Microfinance

whole planet foundation