BRAC

Financial Inclusion

Purpose

Further scale and document the impact of BRAC’s “microfinance multiplied” approach

Why We Partnered

The MasterCard Foundation’s additional commitment of $25 million, made in March 2011, brings the total commitment to $45 million and builds on the program’s success by deepening the outreach of the current microfinance and livelihoods program. This expanded program will enable BRAC to open 40 additional branches and improve skills and livelihoods options of young people across all program areas. This includes the expansion of the adolescent girls’ program, documenting and disseminating results on long-term program impact, and implementing a sustainability plan that phases out Foundation funding in five years.

brac.net

Amount:

$25 million

Term:

Five years

Location:

Uganda