The unique model under which BRAC enterprises operate has evolved
as completely home-grown and in isolation from the international dialogue
regarding social enterprises.
The 'BRAC model' comprises of a collaborative network of enterprises,
development programmes and investments – all of which together serve the
comprehensive vision and objective of BRAC, i.e. to empower the poor, alleviate
social/environmental imbalance and enhance financial sustainability.
The BRAC development programmes are dedicated toward fulfilling BRAC’s
social and philanthropic missions and are run as fully-funded, non-surplus
ventures.
While the BRAC enterprises are mostly incepted as a support mechanism
that allows the development programmes to be sustainable, the
surplus-generating model of the BRAC enterprises allow for 50 per cent of the
surplus from the enterprises to support BRAC’s expenditures, including its
development programmes that are often run at very high costs, and the remaining
50 per cent to be re-invested in the enterprises themselves, and as a result
reduce the need for external funding.
The BRAC Investments unit comprises of financially profitable
investments and financial service businesses that are geared toward generating
financial returns while adhering to underlying social causes such as low-income
housing, microfinance, small enterprise loans, information technology, clean
development mechanism (CDM) etc. Dividends from BRAC investments support the
financial sustenance of both BRAC enterprises and development programmes by
acting as a hedge or safety net against future liquidity crisis. The synergetic
effect of this integrated model has contributed significantly in reducing
BRAC’s dependency on donors and external funding.
Currently, 27 per cent of BRAC’s overall financial needs are fulfilled
by various donation/external sources while the remaining 73 per cent is
financed internally by BRAC from the surplus of its enterprises and the
dividend from its investments. By continuing on this model, BRAC’s goal is to
become 100 per cent self-financed in future.
JOB DETAILS:
Company/Organization: BRAC.
Job Category: Private job.
Job Position: workshop officer, store officer, branch manager and
others.
Type of Jobs: Full time
Job Location: Gazipur.
Age limit: not more than 38 years.
Total Post: n/a.
Qualification: masters/honors.
Experience: see the circular.
Application type: offline.
Salary: see the circular.
Deadline: 27 MARCH 2016
DOWNLOAD BELOW IMAGE FOR CIRCULAR
Posting date: 11 march 2016
Circular source: prothom alo
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