The world has made remarkable strides in reducing poverty over the last two decades. However, 1 in every 10 persons still live on less than USD 1.90 a day according to recent estimates of the World Bank. Among them, the ultra poor are the least served and most vulnerable subset of this population globally.
Through the Graduation programme, BRAC builds the capacity of the poorest people, known as people in ultra-poverty, to move beyond extreme poverty, training them in the life and technical skills, knowledge and leadership needed to be self-reliant so they can meet their own basic needs, improve their communities and build better futures for themselves and their children.
By building secure, sustainable and resilient livelihoods, Graduation aims to propel people onto a sustainable pathway out of extreme poverty. Participants become the agents of their own development and make sustainable progress in overcoming extreme poverty.
Our ultra-poor graduation approach is a targeted, time-bound sequenced intervention that combine livelihoods asset transfer, access to financial services, consumption support, training and social integration. Our holistic approach places ultra-poor households onto a ladder of sustainable economic self-reliance into a sustainable future.
While each programme is designed to be highly context-specific, they are generally designed to address immediate consumption needs of participants’ households, support long term capital generation goals through a high-value asset transfer, build life skills and social awareness, develop technical skills and business acumen, and ensure financial inclusion through access to savings and financial education.
Our ultra-poor graduation initiative makes larger contributions by harnessing our expertise and building awareness and capacity. We conduct advocacy and provide technical assistance to agents of scale including governments, multilateral institutions and other international NGOs, on how to design effective graduation programmes in their own local contexts.
Independent researchers from the London School of Economics released 4 and 7-year RCT results on BRAC’s model, the longest-running longitudinal study on a graduation program. In addition to producing broad and sweeping reductions in community-level economic inequality, evidence pointed to substantial gains in earnings (37% increase), consumption (10% increase), savings (10-fold increase), access to land and asset value (doubled), as well as hours devoted to productive, stable, and dignified work (tripled).
We work with stakeholders among development partners like UKAid and DFAT and national and international NGOs to create awareness and recognition of TUP’s ‘graduation’ approach for ultra poverty. Globally, BRAC’s provides technical assistance to build the capacity of governments and large NGOs to conduct effective graduation programming themselves. Our aim is to catalyse an exponential increase in the number of households reached by 2030.
YOUR SUPPORT makes a large contribution to the eradication of extreme poverty by expanding our own direct implementation and continuing to build the capacity of others to take on this challenge.