Fazle Hasan Abed To Be Knighted For Work on Poverty

December 31, 2009. Founder and Chairperson of BRAC, Fazle Hasan Abed, is to be knighted by Her Majesty Queen Elizabeth II for services in tackling poverty and empowering the poor in Bangladesh and more globally. Abed is to be appointed Knight Commander of the Most Distinguished Order of St. Michael and St. George (KCMG). He is the first person of Bangladesh origin to be honoured with a knighthood by the British Crown since 1947. Abed is the second person i... Read More

“it is tremendous to see these children given the opportunity of a basic education which their parents never had"

Expressed Mr. John Denham, UK Secretary of State for Communities and Local Government while visiting BRAC Primary education programme in one of BRAC schools in Korail Slum, Dhaka. He was accompanied by Stephen Evans, the British High Commissioner, Chris Austin, DFID Country Representative, Dr. Mahabub Hossain, Executive Director of BRAC, Safiqul Islam, Director of BRAC Education programme and other british delegates including Neil O'Connor, Director, Cohe... Read More

BRAC participates in Global Road Safety Conference

  25 November, 2009 Dhaka. The First Global Ministerial Conference on Road Safety was held at the Russian Federation in Moscow  on 19 - 20 November 2009. Ahmed Najmul Hussain,  Director, BRAC attended the conference as part of a four member country delegation headed by Bangladesh Communication Minister Sayed Abul Hussain. Mr. Hussain gave a presentation on BRAC Road Safety programme achievements. The Conference was opened by Russi... Read More

United Nations Democracy Fund to support BRAC’s democracy and governance initiative

  11 November, 2009, Dhaka. BRAC and the United Nations Democracy Fund (UNDEF) signed an agreement on Wednesday to support BRAC’s initiatives to strengthen grassroots democracy and local governance. Under the agreement UNDEF will provide support to BRAC’s Social Development Programme for implementation of a project titled Active Citizens and Accountable Local Government (ACALG). The agreement was signed by Mr. Roland Rich,... Read More

BRAC Founder Fazle Abed Receives “Entrepreneur for the World” Award

  photo courtesy: Pierto/Sipa Press   25 November, 2009 Dhaka. The first ever “Entrepreneur for the World” Award in the Social Entrepreneur category was awarded to BRAC Founder and Chairperson Fazle Hasan Abed. He received the award during a ceremony at the World Entrepreneurship Forum held on November 19, 2009 in Lyon, France. The World Entrepreneurship Forum was established by EMLYON Business School, the leading Eu... Read More

BRAC Uganda reaches 100,000 borrowers

  BRAC Uganda has set a remarkable record by reaching 100,000 borrowers in less than 3.5 years since it started its microfinance operations in June 2006. With an average annual borrower growth rate of 139%, BRAC Uganda is in the company of other rapidly growing microfinance institutions in the world. In June 2006, BRAC Chairperson and Founder, Dr Fazle Hasan Abed, disbursed the first microloan to Wamulo Ruth at the new Iganga branch. ... Read More

BRAC Receives Award for Transparent Financial Reporting

    BRAC was awarded the South Asian Federation of Accountants (SAFA) Best Presented Accounts award for 2008. Mr. S.N. Kairy, Finance Director of BRAC, received the award on behalf of BRAC at a ceremony held on November 5th, 2009 at the Bangabandhu International Conference Hall in Dhaka, Bangladesh. BRAC previously received the SAFA award for the year 2007, which was presented in Hyderabad last year. SAFA is a forum of professional ... Read More

BRAC receives award for Social Performance Reporting

  BRAC received the 2009 silver award for Social Performance Reporting. The award is launched by CGAP (Consultative Group to Assist the Poor), Michael & Susan Dell Foundation, and the Ford Foundation, and powered by MIX (Microfinance Information Exchange). The award is designed to promote greater transparency in Microfinance Institutions’ social performance and recognises transparency in social performance reporting. MIX Press Release:... Read More

Member of British Parliament visited BRAC’s Education and CFPR – TUP project in Shirajganj

  A high profile delegate consisting four members of UK parliament visited several core programs of BRAC at Shirajgonj on 2 nd November, 2009. The delegate came to Bangladesh to watch the development projects funded by DFID in Bangladesh. In the morning the delegate visited the BRAC's Pre- Primary school and Government Primary school at char Kalyani, in Shirajganj. They spoke with students as well as their parents. Later they also vi... Read More

BRAC inaugurates Borga Chashi (sharecropper) loan scheme

  For the first time in Bangladesh, BRAC has launched a new credit scheme ‘Borga Chashi Unnayan Project' for the sharecroppers of the country who hardly get any loan from the traditional banking system. On Tuesday, 27 October, 2009 Bangladesh Bank governor Dr. Atiur Rahman inaugurated the scheme by distributing the first loans to a group of sharecroppers consisting of 25 at Hosenpur village, in Chandpur district. BRAC Executive Director Dr... Read More