What does BRAC Uganda do?

What does BRAC Uganda do?

In Uganda, BRAC has been working since 2006 to advance women’s empowerment, provide education for children and adolescent girls, address gender-based violence issues, improve livelihoods and skills for smallholder farmers, and support people to lift themselves out of ultra-poverty through its NGO entity.

How many branches does BRAC have in Uganda?

163 branches
BRAC Uganda works in 113 districts across the country with 163 branches of the BRAC Uganda Bank Ltd, and 101 branches of the BRAC Uganda NGO. Our operations in Uganda have grown to 159 branches across 80 districts. We now have more than 213,072 microfinance members and 102 branches of the small enterprise programme.

Is BRAC a bank in Uganda?

Brac, the number one non-governmental organisation in the world, has opened a bank in Uganda, one of the five African countries that it currently operates in. Brac Uganda Bank Limited (BUBL) was formally opened in Kampala, the Ugandan capital, on Thursday (25 April 2019) through a colourful ceremony.

What does BRAC Bank do?

BRAC Bank is a private commercial bank in Bangladesh, operated by the BRAC development organisation, focused on Small and Medium Enterprises (SME). The bank has its head office in Dhaka, Bangladesh. It has 187 branches, 18 Premium Banking lounges, 457 SME Unit Offices, 481 agent banking outlets, 375 ATMs, and 96 CDMs.

Is BRAC a bank?

BRAC Uganda Bank Limited (BUBL), is a credit institution (′Tier II Financial Institution′) in Uganda. In April 2019, the institution received a Tier II Financial Institution Licence, which authorized it to operate as a bank, supervised by the Bank of Uganda, the national banking regulator.

What is full BRAC?

The Bangladesh Rural Advancement Committee (BRAC) is a non-governmental organization founded in Bangladesh in 1972.

Which generation bank is BRAC Bank?

BRAC Bank Limited, hereinafter called BBL, is a first growing third generation-scheduled commercial bank incorporated on 20th May 1999 as a public limited company under Companies Act, 1994 with multinational collaboration including IFC of The World Bank Group & Shore Cap.

How do I get a loan from BRAC?

Please call our 24 hours call center 16221 or e-mail us at [email protected]

1. Available for Salaried individuals, Business Persons, Self Employed & Landlord.
2. Minimum Age: 25 Years & Maximum age: 65 years at the time of loan maturity.
3. Minimum Monthly Income: BDT 25,000 (for salaried); BDT 35,000 (for others)

Why is BRAC so successful?

With a goal of alleviating poverty, BRAC delivers microfinance, health, education, agriculture and livestock services based on an integrated approach that proved to be a success story in Bangladesh. He founded BRAC with the goal of alleviating poverty by helping the poor develop capacity to manage their lives.

How is BRAC funded?

Established in 1974, BRAC still received all of its funding from donors in 1980 (see “The Slow Growth of Income” on page 77). Even 11 years later, BRAC generated only 3 percent of its total budget through social enterprises. The organization currently devotes roughly 10 percent of its personnel budget to training.

Who is the founder of BRAC Bank?

Fazle Hasan Abed
BRAC Bank Limited/Founders
Description BRAC Bank Ltd. It operates through the following segments: Small and Medium Enterprise (SME), Retail, Corporate, Treasury, bKash and Others. The company was founded by Fazle Hasan Abed on May 20, 1999 and is headquartered in Dhaka, Bangladesh.

Who is the CEO of BRAC Bank?

Selim Hussain
Selim Hussain, BRAC Bank (Bangladesh): New As CEO… Hussain, former CEO & Managing Director of IDLC Finance Limited, is widely recognized and highly acclaimed across the financial sector for being the architect of IDLC Finance’s meteoric rise over the past six years.

How many BRAC Bank branches are there in Uganda?

BRAC Uganda works in 113 districts across the country with 163 branches of the BRAC Uganda Bank Ltd, and 101 branches of the BRAC Uganda NGO. Our operations in Uganda have grown to 159 branches across 80 districts. We now have more than 213,072 microfinance members and 102 branches of the small enterprise programme.

How many microfinance banks are there in Uganda?

Our operations in Uganda have grown to 159 branches across 80 districts. We now have more than 213,072 microfinance members and 102 branches of the small enterprise programme.

What kind of programmes are there in Uganda?

There are currently programmes operating in Microfinance, Agriculture, Food Security, and Livelihood, Health, Education, Early Childhood Development, Youth Empowerment, Emergency Preparedness and Response, and Ultra-Poor Graduation.