Safe Spaces & Loans for 2,000 Girls in Bangladesh

by BRAC USA
Safe Spaces & Loans for 2,000 Girls in Bangladesh
Safe Spaces & Loans for 2,000 Girls in Bangladesh
Safe Spaces & Loans for 2,000 Girls in Bangladesh
Safe Spaces & Loans for 2,000 Girls in Bangladesh
Safe Spaces & Loans for 2,000 Girls in Bangladesh
Safe Spaces & Loans for 2,000 Girls in Bangladesh
Safe Spaces & Loans for 2,000 Girls in Bangladesh
Safe Spaces & Loans for 2,000 Girls in Bangladesh
Safe Spaces & Loans for 2,000 Girls in Bangladesh
Safe Spaces & Loans for 2,000 Girls in Bangladesh

Project Report | Feb 17, 2011
Financial Literacy and Loans for Girls!

By Michelle Chaplin | Program Manager, BRAC USA

Our 50 girls clubs are in full swing.  We've been providing our life skills training courses and regular training to our mentors.  After a small test phase and some tweaking, we finalize our financial literacy course and rolled it out to all 50 clubs.  We're providing the training to all of the girls, even if they're not old enough to take out loans (you have to be 16 in Bangladesh), because even the young girls can learn the importance of saving, budgeting, and making smart choices when buying things.

As they complete the training, the girls who are old enough can form their own microfinance village organizations and take out loans.  Typically, their first loan is around $40-$50, which they pay back over a 1 year period.

We're also doing surveys to determine which livelihood trainings we should offer to each club.  The surveys aim to match what the girls would like to do with the local market demand.

Thank you so much for your continued support of these 2,000 girls!

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Organization Information

BRAC USA

Location: New York, NY - USA
Website:
Facebook: Facebook Page
Project Leader:
Melyssa Muro
Finance Manager
New York , New York United States

Funded Project!

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
   

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