Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Overview of BRAC

BRAC is a development organization dedicated to alleviating poverty by empowering the poor to bring about change in their own lives. We started out in Bangladesh in 1972 and over the course of our evolution, we have established ourselves as a pioneer in recognizing and tackling the many different realities of poverty.

BRAC achieves large scale, rapid change by working with individuals, families, communities and institutions to overcome poverty. Our approach is comprehensive - with financial services, capacity building and livelihood development as well as health, education and social justice - enabling them to realize their potential.

BRAC launched operations in Liberia in 2008, incorporated BRAC Microfinance company in January 2009 and disbursed the first loans by June of the same year.

Microfinance Program - is designed to provide reliable access to cost effective financial services to poor and marginalized women.

Small Enterprise Program (SEP) - launched in 2010, this program is offered to individuals - male and female - and has the purpose of enabling owners to create new employment opportunities and provide new services. These entrepreneurs that would otherwise have limited access to the formal financial system - too large for microloans but with insufficient collateral for commercial banks.

Essential Healthcare Program (EHC) - launched in November of 2008 its goal is to improve health conditions and increase access to health services by providing basic health services. One member of each BRAC borrowing group is designated and trained as a Community Health Promoter who serves the needs of the community with particular attention to poor women and children.

Agriculture, Livestock & Poultry - with experience from Bangladesh, BRAC started the program in October 2008 with the objective of increasing agriculture productivity and reduce vulnerability of poor and marginalized farmers through technical support and high quality seed.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Apr 5, 2011 Oct 12, 2005
Total Loans $1,987,450 $603,625,750
Amount of raised Inactive loans $0 $517,700
Number of raised Inactive loans 0 449
Amount of Paying Back Loans $628,525 $118,998,550
Number of Paying Back Loans 2,343 128,322
Amount of Ended Loans $1,358,925 $484,109,500
Number of Ended Loans 4,343 612,037
Delinquency Rate 21.73% 4.17%
Amount in Arrears $69,136 $3,223,190
Outstanding Portfolio $318,097 $77,262,633
Number of loanDelinquent 2,340 14,115
Default Rate 0.62% 1.11%
Amount of Ended Loans Defaulted $8,421 $5,357,808
Amount of Ended Loans $1,358,925 $484,109,500
Number of Ended Loans Defaulted 30 16,820
Currency Exchange Loss Rate 0.38% 0.09%
Amount of Currency Exchange Loss $7,644 $572,886
Refund Rate 0.56% 0.75%
Amount of Refunded Loans $11,175 $4,553,925
Number of Refunded Loans 18 5,085

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 97.78% 74.22%
Average Loan Size $298 $419
Average Individual Loan Size $298 $656
Average Group Loan Size $0 $1,830
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $500 $3,424
Average Loan Size / GDP per capita (PPP) 59.62% 12.23%
Average Time to Fund a Loan 2.08 days 5.69 days
Average Dollars Raised Per Day Per Loan $143.50 $73.56
  Average Loan Term 9.28 months 10.4 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 93 301,614
  Journaling Rate 1.82% 42.41%
  Average Number of Comments Per Journal 0.02 0.08
  Average Number of Recommendations Per Journal 0.01 1.84

Borrowing Cost Comparison (based on 2012 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 49% PY 57.00% PY 33.19% PY
  Profitability (return on assets) -11.6% -2.6% -1.44%
  Average Loan Size (% of per capita income) 63.40% 34.00% 40.64%

Country Fast Facts

Field Partner Staff

Mohammed Abdus Salam
Kabir Ahmed
Robert K. Anderson
Ryan Cummings
Sadhan Dey
Billal Hossain
Kwi Kollie
Khaled Morshed
Jacquelin Nimely
Majedur Rahman
Pauline Tuazama