23 November 2010, Islamabad. BRAC in Pakistan has been awarded with a Silver award; jointly from CGAP (Consultative Group to Assist the Poor), the Michael & Susan Dell Foundation and Ford Foundation for reporting on social indicators to the MIX (Microfinance Information Exchange).
The social performance reporting awards showcases the achievements of those MFIs (Microfinance Institutions) that are committed to transparency and accountability by reporting the way their efforts directly impact poor clients. The awards provide a yardstick for those wanting to assess an MFI’s commitment not only showing progress in helping its clients, but also supporting its staff, and protecting the environment.
The Silver award is awarded to MFIs that complete the social performance report, and also provide full data on poverty measurement.
BRAC has been operating in Pakistan since 2007.