BRAC Sierra Leone Field Partner Page 

BRAC was founded in Bangladesh in 1972 as a small-scale relief project to help the country overcome the devastation of the liberation war and aid in the resettlement of refugees returning from India. BRAC has subsequently acted as a pioneer and catalyst for change, taking a holistic development approach to attacking poverty and empowering people in over 9 countries around the world.

BRAC achieves rapid change through a ground-up approach that focuses on building scale and recognizing both the social and economic needs of its client base. BRAC started working in Sierra Leone in 2008, and began providing microfinance services in June 2009. BRAC Sierra Leone also offers extensive training and capacity building programs in the areas of health, poultry and livestock, agriculture, human rights and legal services. It operates more than 43 branches in all four regions of Sierra Leone, and by the end of
2009, BRAC’s services reached over a quarter of a million Sierra Leoneans.

In Sierra Leone, women are especially affected by poverty, and BRAC has found that empowering women can bring about positive changes in their families and communities. Thus. over 99% of BRAC’s loan recipients in Sierra Leone are women.

One of BRAC Sierra Leone’s microfinance programs, the small enterprise loan, targets both male and female entrepreneurs who seek to expand small businesses and have limited access to capital.
These small business entrepreneurs would otherwise have very limited access to the formal financial system, as they are too large for microloans but insufficient collateral for commercial banks. The ultimate goal of the small enterprise loan is to generate employment opportunities.

BRAC’s Vision
Our vision is of a just, enlightened, healthy and democratic world free from hunger, poverty, environmental degradation and all forms of exploitation based on age, sex, and ethnicity.

BRAC’s Mission
To work with people whose lives are dominated by extreme poverty, illiteracy, disease, and other disadvantages. With a holistic approach, we strive to bring about positive changes in the quality of life of people who are poor.

BRAC achieves its mission by:

  • Working with the poor, especially women and children;
  • Engaging in multifaceted development interventions;
  • Striving  the promote positive changes in quality of life;
  • Working towards attaining socially, financially, and environmentally sustainable programs;
  • Actively promoting human rights, human dignity, and gender equity;
  • Helping to shape national and global policies on poverty reduction and social progress;
  • Fostering the development of human potential;
  • Offering professional development opportunities to our staff;
  • Encouraging commitment to the goals and values of our organization 

Kiva HelpRepayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Mar 24, 2011 Oct 12, 2005
Total Loans $229,275 $312,703,800
Amount of Raised Inactive Loans $0 $92,000
Number Of Raised Inactive Loans 0 33
Amount of Paying Back Loans $212,900 $81,169,300
Number Of Paying Back Loans 204 93,760
Amount of Ended Loans $16,375 $231,442,500
Number Of Ended Loans 16 315,071
Delinquency Rate 3.15% 1.94%
Amount In Arrears $4,097 $1,005,065
Outstanding Portfolio $130,159 $51,693,699
Number of Loans Delinquent 18 6,469
Default Rate 0.00% 1.05%
Amount of Ended Loans Defaulted $0 $2,431,236
Amount of Ended Loans $16,375 $231,442,500
Number Of Ended Loans Defaulted 0 7,208
Currency Exchange Loss Rate 0.00% 0.00%
Amount of Currency Exchange Loss $0 $12,881
Refund Rate 0.00% 1.15%
Amount of Refunded Loans $0 $3,595,050
Number Of Refunded Loans 0 4,233

Kiva HelpLoan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans To Women Entrepreneurs 55.70% 74.61%
Average Loan Size $1,042 $395
Average Individual Loan Size $1,042 $626
Average Group Loan Size $0 $1,677
Average Number Of Entrepreneurs Per Group 0 8
Average GDP Per Capita (PPP) in Local Country $903 $3,396
Average Loan Size / GDP Per Capita (PPP) 115.41% 11.63%
Average Time To Fund A Loan 12.79 days 4.28 days
Average Dollars Raised Per Day Per Loan $81.48 $92.39
  Average Loan Term 11.76 months 9.32 months

Kiva HelpJournaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 13 142,965
  Journaling Rate 92.86% 38.93%
  Average Number Of Comments Per Journal 0.00 0.15
  Average Number Of Recommendations Per Journal 0.00 3.87

Kiva HelpBorrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI Peers in Country All Kiva Partners
  Average Interest Rate and Fees Borrowers Pay (Portfolio Yield) 69.03% 57.20% 35.32%
  Average Partner Return On Assets (Average Profitability) -1.45% 5.1% -1.24%
  Average Loan Size (% of Per Capita Income) 29.51% 38.34% 36.36%

Kiva HelpCountry Fast Facts

Field Partner Staff

Mohamed Shah Alam
Amjad Ali
Eyashin Chowdhury
Jibon Das
Saiful Islam
Mohamed Amada Jalloh
Mbalu Turay