Fund management for BRAC microfinance programme

Abstract

This internship report was prepared with reference to the three months long internship period that I had the opportunity of doing in the main headquarters of BRAC, from 08 October, 2020 to O7 January, 2021. It was prepared in an attempt to give a clear picture to the readers of how funds are managed for the smooth running of the Microfinance Programme. Additionally, the study also outlines the corporate structure of BRAC and will assist in understanding the diversified subsidiaries operated by the company. However, I have specifically focused on the Microfinance programme which falls under the social development criteria of the business. As, I have been given the opportunity to work in the Finance and Accounts department of BRAC NGO, where my supervisor was in charge of managing funds for the programme. The first part of the report scrutinizes an overview of my entire affiliation period with the company. I have begun with providing information regarding my internship followed by highlighting the job tasks and responsibilities. After that, this part will help understand the potential benefits and difficulties that the future interns might have to face, learning from my experience. The second part of the report contains a brief introduction of the company followed by a comprehensive summary of its different ventures and investments. Subsequently, the cultural practices and the financial condition of the company have been briefly discussed. A SWOT analysis has been conducted here in order to assess BRAC’s industry competitiveness. The last part of the report is entirely focused on the process of arranging, collecting and disbursing of the funds required for the Microfinance programme which has been precisely termed as “Fund Management”. For a clear understanding, the project part begins with explaining the operations of MF and puts forward other crucial data regarding the programme. This part also involves a SWOT analysis which is developed based upon the efficiency and shortcomings of the programme. I would like to conclude by saying that it was a great honor for me to get the opportunity to be able to join the finance team as an intern. I have been given the privilege to work with amazing individuals who made sure I was comfortable learning in this environment. Last but not least, I consider it to be a big milestone in my career development. It was three great months which I will cherish forever