BRAC Microfinance is one of the world’s largest and most impactful microfinance institutions, operating under BRAC, a development organization based in Bangladesh. Established in the 1970s, BRAC launched its microfinance program to address the financial exclusion of low-income populations, particularly women in rural areas.
The program provides small loans, savings products, and other financial services tailored to the needs of the poor, enabling them to invest in income-generating activities, smooth household consumption, and build financial resilience. Unlike traditional banking systems, BRAC Microfinance emphasizes relationship-based lending, often through group-based models, which helps ensure accountability and community support.
Over the decades, BRAC Microfinance has significantly evolved, expanding its services across Bangladesh and into several other countries in Asia and Africa. Its approach integrates financial services with other development initiatives, such as education, health care, and livelihood support, creating a more holistic impact on poverty reduction.
By focusing on client empowerment and long-term development rather than short-term profits, BRAC has helped millions of individuals—especially women—gain greater economic independence and social mobility. Its success has positioned BRAC Microfinance as a global leader in using financial inclusion as a tool for sustainable development.
