#1 Confronting Male Violence against Women
#2 Empowering Women Economically
If you live in one of the nine countries where BRAC works, there is a 50-50 chance that you will be living on less than $2 per day and over a 90% chance you or your parents have lived through a war.
Think about what you could accomplish if you had only $2 in your pocket. No credit card, no bank account, just $2. How would you get to work? Feed yourself? Feed your children? Millions of women wake up each morning wondering these same things. Without access to credit so they can build their own livelihoods and generate income to support themselves and their families, these women are powerless to escape from this cycle of poverty.
BRAC has made a total of more than $5 billion in micro-loans to more than 7 million participants with a 98.5% payback rate. Women typically use their micro loans to provide products or services, e.g. to grow rice, raise cows or goats, expand a small grocery or tailoring business. BRAC’s work gives people a chance to create their own pathway out of poverty.
For example…
For years, Musa Halmakta never knew how it felt to be in control of her life. Married in her early teens, she was unable to complete even a basic education, and was reliant on her husband to support their five children. Musa was powerlessly witness to her family’s slide into destitution, until BRAC gave her an opportunity to steer their course out of poverty.Eight years and four loans later, Musa has been successful in working for herself and creating a future of her own design. With a starter loan of 8,000 Taka ($118), she bought a small patch of land, where she now grows vegetables and rice paddy, and is able to provide enough resources to feed her family and support her children’s education.
“I have a better life now,” she said. “I have a successful business, my family eats well, and everyone is healthy. My children are happier than before.”
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