By Oscar Abello - Marketing and communications associate
ELA members at a microfinance group meeting.
With the support of the Nike Foundation, BRAC’s girl effect work in Bangladesh continues to make important strides forward in improving the social as well as economic standing of girls in their community. BRAC Bangladesh reports that 65 percent of club members in Bangladesh now have a savings account with the program, showing how they are putting in action the lessons they've learned so far about financial literacy.
Club committees have also been established for 360 clubs, made up of older members of the community who may be club alumnae or may otherwise be interested in supporting the clubs locally. Thirteen of the committees have even successfully established local trust funds expressly for that purpose.
As BRAC had experienced decades ago with its microfinance village organizations using philanthropic capital as a catalyst to reach self-sustainability, that same transformation is taking root with our adolescent girls programming, and everyone is grateful to have you on that journey with us.
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