But first they must be empowered says BRAC Africa boss, Rudo Kayombo Kampala, Uganda | THE INDEPENDENT | Lack of resources has a devastating impact on individuals, families, and communities. According to the World Bank, about 460 million people in Africa live below the extreme poverty line, which is defined as …
Read More »BRAC to celebrate 50th year anniversary in Uganda: From Bangladesh to the world
Kampala, Uganda | PATRICIA AKANKWATSA | BRAC is going to celebrate its 50-year anniversary under the theme “50 Years of Igniting Hope from Bangladesh to the World” at Munyonyo Commonwealth Resort on 30 March 2023. BRAC Uganda and BRAC Uganda Bank Ltd are organising the event, where prominent guests and dignitaries …
Read More »Stanchart, BRAC partners to support adolescents
Kampala, Uganda | Julius Businge | Standard Chartered Bank in partnership with BRAC have today (Oct.21) announced a donation of Shs 166million to support adolescents under the ‘goal project’. The project is manned by BRAC, a micro-finance service provider. Executives said in a notice that, the six-month project intervention will seek …
Read More »BRAC secures $4.6m to extend cheap credit to businesswomen
The bank is targeting businesses that are hit hard by COVID-19 Kampala, Uganda | JULIUS BUSINGE | With the easing of the lockdown and slow recovery of the economy impacted by the Covid-19 pandemic, financial institutions are now looking at how to reboot businesses and put them back to their …
Read More »BRAC Uganda now a commercial bank
The lender records a 21% drop in net profit to Shs 17.2bn in 2018 owed to increased expenditure Kampala, Uganda | ISAAC KHISA | BRAC, one of the largest microfinance providers in Uganda, has become middle-sized commercial bank also known as a Tier II credit institution, paving way for its …
Read More »BRAC Uganda Bank launched
Kampala, Uganda | THE INDEPENDENT | BRAC, one of the largest microfinance providers in Uganda, has been transformed into a Tier 2 Credit Institution (CI) to broaden the range of financial services it provides to low-income communities. First Deputy Prime Minister General Moses Ali represented President Yoweri Museveni …
Read More »JOBS: BRAC Manager Proposal Development and fundraising
JOBS: Manager Proposal Development & fundraising Organization: BRAC Closing Date : 2017-04-20 Duty Station : Kampala, Uganda With over 100,000 employees reaching an estimated 138 million people, BRAC is the world s largest non-governmental organisation. BRAC is a development success story, spreading anti-poverty solutions born in Bangladesh to 10 other …
Read More »478 complete secondary education under The MasterCard Foundation Scholars Program at BRAC
Hellen Namulinda is among the 478 Scholars who have just completed their A ‘levels, thanks to generosity and support of The MasterCard Foundation Scholars Program at BRAC. Hellen is from a family of eight in Jinja district supported by a single mother who is a subsistence farmer. The low household-income …
Read More »World honours BRAC Uganda
By Eriasa Mukiibi Sserunjogi But what makes Uganda’s lone nominee for Africa Microfinance Institution of the Year awards tick? If Ruth Wamulo, 55, of Iganga town in eastern Uganda were on the African Banker of the Year awards panel, she knows she would close her eyes to all the other …
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