IUCN Member BRAC - one of the world’s most commercially-minded and successful NGOs

10 March 2010 | News story

“Fazle Hasan Abed has built one of the world’s most commercially-minded and successful NGOs” says an article published recently in The Economist. An IUCN member organization in Bangladesh called Bangladesh Rural Advancement Committee (BRAC) was acknowledged as “the largest, fastest-growing non-governmental organisation (NGO) in the world—and one of the most businesslike”.

The article highlights some interesting facts regarding Sir Fazle Hasan Abed’s efforts in terms of building such a successful and unique organization, which has now established itself as a pioneer in recognizing and tackling the different dimensions of poverty.

BRAC is a development organization founded by Fazle Hasan Abed in February 1972. Its initial focus was on assisting the refugees returning from India to their newly independent country. In 1973, BRAC broadened its focus to long term sustainable poverty reduction. BRAC has been an IUCN member since 1997.

Please see the following link to read the full article:
http://www.economist.com/business-finance/displaystory.cfm?story_id=15546464


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