BRAC

https://www.brac.net/

Sector

Financial Inclusion

Type

Direct Lending

Geography

Africa

Amount

$2,000,000

Year

2024

Founded in Bangladesh in 1972, BRAC has become a global organisation focused on both NGO work and microfinance services. In 2009, a separate international organisation was set up to manage all non-Bangladeshi operations, with the MFIs managed by BRAC. Ceniarth has invested to support MFIs in Tanzania, Uganda, Sierra Leone and Liberia. BRAC’s MFIs provide financial services to women living in poverty using a strategic framework to build financial resilience and female financial empowerment.

Related Investments

Short Duration Fund

Sector

Financial Inclusion

Investment

$10,500,000

Global Access Fund

Sector

Financial Inclusion

Investment

$2,000,000

Latin America and the Caribbean Gender, Diversity, and Inclusion Fund

Sector

Financial Inclusion

Investment

$2,000,000