Bangladesh, Social Collateral and the worlds Largest NGO
My adventure into Bangladesh took me to places I could never imagine. It was truly a unique experience that I will never forget. Working with Brac, the worlds largest NGO, I was able to get an inside look at how microloans are administered in a country that lacks most of the modern infrastructure that we take for granted. ATM’s…nope, sorry, not in rural Bangladesh. To give out loans and retrieve payments Brac has formulated a way to get the loan money back the old fashioned way. By sending the banker out to the rural villages to get the loan payments back. The bank literally comes to them!
Over the course of the month that I spent in Bangladesh we had the opportunity to visit many different villages and see many different Brac programs. It became very obvious that Brac has it’s hand in almost every aspect of Bangladeshi society from offering free legal services to women in need, to giving microloans for families to start a business, breeding new varieties plants for crops and even opening Brac funded schools all across the country. It was hard to take but a few steps in Bangladesh without seeing a Brac sign, office or Brac school. In Bangladesh, Brac is everywhere.
Check out some of the travel posts I made about my experience there.