Memorandum of Understanding (Micro-Capital grant agreement) between the United Nations Development Programme (UNDP) and Institute of Governance Studies, BRAC University (2011)
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Date
2011-11
Journal Title
Journal ISSN
Volume Title
Publisher
United Nations Development Programme (UNDP) and Institute of Governance Studies, BRAC University
Abstract
1. Responsibilities of the Institute of Governance Studies, BRAC University. 2. Duration. 3. Payments. 4. Records, Information and Reports. 5. General provisions.
Description
This Memorandum of Understanding is provided as a tool that can be adapted to the specific needs of a
particular programme. Micro-Capital Grant Agreements should be approved by an independent
mechanism such as a steering committee or Steering Committee. This grant agreement serves to
register the commitments and results that the recipient institution has agreed to produce. It is
recommended that funds be released in tranches, based on results. These results should be clearly
specified, such that it is clear to all parties when a recipient institution qualifies for release of tranches of
funds.
Keywords
Memorandum of Understanding (Micro-Capital grant agreement) between the United Nations Development Programme (UNDP) and Institute of Governance Studies, BRAC University (2011), Micro-finance