2016 ANNUAL UGANDA REPORT BUILDING A WORLD THAT WORKS FOR ALL OF US We act as a catalyst, creating opportunities for people living in poverty to realise their potential. We specialise in piloting, perfecting and scaling innovation to impact the lives of millions. We were born in Bangladesh, are almost completely self-sustainable through our own network of social enterprises and investments, and operate in 11 countries across Asia and Africa. Mission 5-year goal Empower people Empower 20 million of the and communities in most underserved and situations of poverty, disenfranchised people to illiteracy, disease gain greater access to and have Vision and social injustice. Values more control over resources, A world free Our interventions aim Integrity decisions and actions, while to achieve large scale, continuing to maximise from all forms of Innovation exploitation and positive changes through opportunities and expand discrimination economic and social Inclusiveness services for the unmet needs where everyone programmes that enable Effectiveness of the 120 million people we has the opportunity women and men to already reach in Bangladesh to realise their realise their potential. by 2020. potential. Social enterprises Initiatives that engage individuals, micro and small enterprises as suppliers, producers and consumers. Instead of maximising profts, our 13 social enterprises focus on maximising gains in quality of life for all. Investments Socially responsible companies that assist us in our mission. Our network of seven investments help us strive towards the goal of self-sustainability. BRAC University BRAC across the world An educational institution’s goal is not only to provide the highest quality teaching, Country offces but also to inculcate the values essential BRAC in Bangladesh BRAC in South Sudan for tomorrow’s leaders. BRAC University constantly incorporates the most current BRAC in Afghanistan BRAC in Liberia educational techniques and material. The BRAC in Pakistan BRAC in Tanzania journey starts by building a high calibre and BRAC in Myanmar BRAC in Sierra Leone supportive faculty and administration team who BRAC in Nepal BRAC in Uganda are capable of teaching the most challenging BRAC in Philippines and up-to-date educational programmes, and Affliate offces Stichting BRAC empowering them with knowledge and life BRAC USA International, Netherlands skills so that they can take on the challenges of BRAC UK building themselves and a better nation. Annual Report 2016 1 If you were to describe this world to a child, which one of the following would you pick? It is home to magic, art, beauty, and tens of thousands of years of human talent. Or would you say, even though it may be true, that our world is where we live, but it is a place that doesn’t work for everyone? Our world is our playground, a platform for the creativity of all seven billion of us. Sometimes it’s hard to believe that a world that works for all of us can be possible. But the opportunities are all around us. While we all hope for a better future for our world, many of us are building it. If you are a builder, we are betting on you. The changemaker. The activist. The hero. The mentor. 45 years ago, we started building a world we all want to live in. We started in Bangladesh. We listened and learnt, failed and got up again. We never stopped trying. And we never will. We trust in people, and we take on the impossible, every day. Fighting poverty, building platforms for tolerance, equality and inclusion, saying no to violence against women and children. We pilot, perfect and scale. Our DNA is to build. As the sun rose this morning, hundreds of thousands of builders rose with it. Teachers across eight countries opened the colourful doors of the world’s biggest secular private education system. 65,000 artisans picked up their needles and started weaving traditional art into beautiful clothing. Credit offcers in one of the world’s largest microfnance institutions sat down with women in the remotest corners of seven countries. Whoever you are, wherever you are, doing good is everyone’s business. We have never faced bigger challenges but we have never been more ready. Annual Report 2016 2 Annual Report 2016 3 CHAIRPERSON’S FOREWORD We entered 2016 with 17 Sustainable Development Goals, Our development programmes are funded from the frst of which was to end all forms of poverty by 2030. internally-generated revenue and grants received from This is one of the most pressing yet exciting challenges we external sources. Our internal revenue totalled BDT face today. For the frst time in history we have the means 4,997 crore (USD 646 million) this year, making up 82% to achieve this goal in the not-too-distant future. of our total annual revenue. BRAC is increasingly at the forefront of this movement. A We continue to invest in a range of socially-responsible CONTENTS provider and global advocate of holistic solutions to reduce companies. This year we consolidated BRAC Bank, poverty over the last 45 years, our ultra poor graduation an institution that was founded at a time when it was model in particular is being championed as a solution to almost impossible for small and medium enterprise 05 Chairperson’s foreword help reach the millions of households around the world that entrepreneurs to obtain fnancing from the banking 06 Letter from the Executive Director still live in extreme poverty. sector in Bangladesh. We took banking solutions to 07 entrepreneurs, and have disbursed over USD 4.37 Message from the Country Representative Established in 2002, the ultra poor graduation approach billion since inception. More than half of our lending 08 BRAC across the world targets households left behind by economic growth today is still to small and medium enterprises. 10 Scorecard or mainstream development interventions. Our model supports them towards building sustainable livelihoods Our home-grown solutions in education, health, 12 Microfnance through a powerful combination of asset transfer, microfnance and other development areas now 14 Health enterprise training, fnancial services, healthcare, mentoring reach 10 countries outside of Bangladesh. This year and social integration. In Bangladesh alone our programme we continued our expansion in Nepal, moving from 16 Education has put 1.77 million households on to sustained pathways the relief we provided after the 2015 earthquake into 18 Agriculture and food security out of poverty. With impacts confrmed by rigorous education and health. We have also launched a fve- 20 Poultry and livestock research both in Bangladesh and internationally, the year strategy for Africa which will take us into fve new ultra poor graduation approach has now been adapted countries by 2020. 22 Empowerment and livelihood for adolescents in 59 programmes across 37 countries by other NGOs, 24 Ultra-poor graduation governments and multilateral institutions. We have never faced bigger challenges but I truly believe that, as a global community, we have never 26 Emergency response Our work on extreme poverty also extends beyond our been more equipped, more connected or more ready to 28 Smartphones save lives own programming. Our ultra poor graduation initiative face them. I am flled with a genuine feeling of hope as 29 The potato app comprises advocacy efforts and technical assistance on we look ahead into 2017. I look forward to sharing the 30 how to adapt and implement the approach effectively in journey with you. I am BRAC different environments. With staff working across the US, 31 Governance and Management: BRAC International UK, Bangladesh and BRAC country offces around the world, we are spearheading the movement to proliferate 34 Governance Management and Development Partners: BRAC in Uganda graduation and reach as many extreme poor households 36 Map globally as possible. This year, for example, we started 37 Financials working with the Governments of Kenya and the Philippines to integrate the model into their poverty alleviation Sir Fazle Hasan Abed, KCMG strategies. Founder and Chairperson Annual Report 2016 4 Annual Report 2016 5 LETTER FROM THE EXECUTIVE DIRECTOR MESSAGE FROM THE COUNTRY REPRESENTATIVE It is my pleasure to share our Annual Report with the language of the future. We are capacitating We launched our operations in Uganda in 2006 as We are transforming our microfnance entity from you. At BRAC International, we believe we are the youth by providing them with training and a small outft eager to make meaningful changes a tier-IV microfnance institution into a regulated One BRAC, working with a unifed goal to achieve access to fnance. We are exploring web-based in people’s lives. Ten years down the road, we tier-II credit institution, which will enable us to large-scale, positive impact through our economic monitoring and management system and the use have grown into one of the largest organisations mobilise savings as well as give loans. and social programmes around the world. of mobile money. Our priority is to adapt with in the country and continue to grow, but our changing times, build on our accomplishments mission remains the same. Our empowerment and livelihood for adolescents I am happy to say that we have accomplished and work even harder and smarter in 2017. platform is helping communities in 19 northern and much in 2016. We opened 31 new microfnance We serve communities in hard-to-reach areas eastern districts to address teenage pregnancy branches. Liberia and Sierra Leone are now BRAC was ranked #1 by Geneva-based NGO through an integrated approach, using community and early marriage. We are proud to be piloting a operationally sustainable, and there is surplus Advisor in a list of world’s best 500 NGOs because volunteers who we train frequently. In health and unique graduation model for youth-led households in fve out of six countries.