BRAC-Global Resource Mobilization and Partnership’s Silatech project impact on young entrepreneurs' financial Inclusion & skill development

Abstract

This research looks at how BRAC develops and implements a proposal and executes its global resource mobilization efforts by implementing a framework and designing the project according to the needs of the beneficiaries. This study showcases the proper utilization of resources and creation of a logical framework for better implementation of the project and to get the most out of the project. I employed both primary and secondary sources to accomplish this goal and effectively complete the research project. I tried to come up with a reasonable questionnaire that would also serve the goals of the research. In the course of my research, I've learned a lot of information about financial inclusion, the difficulties faced by young business owners, and potential ways to improve the project's execution, such as expanding the project's reach and involving more people in financial inclusion education while assisting our nation's youth entrepreneurs. In particular, this research has improved the project's implementation and helped identify problems. In addition, by eliminating the need for manual data compilation from several sources, the skill development and microfinance teams have been able to identify problems faster and with less time and effort. BRAC faces challenges in delivering the training for skill development and financial inclusion, despite its best efforts. Moreover, the provision of skill-based training and financial education to the intended audiences has been found to provide considerable obstacles in the execution of project initiatives. Additional variables and outcomes should also be included in the report. The results of the survey given to the BRAC office engaged employees of different departments and the beneficiaries of this project show the knowledge sharing and experience of different levels. Even though many respondents show some degree of proficiency, it could be necessary to increase comprehension overall through additional training and adjustments. This study shows how Improved communication, fundraising efforts, and donor involvement in project development and implementation. To respond to changing stakeholder needs, regular process evaluation and adaptation are crucial. It is important to consider the survey's limitations, particularly the small sample size and any potential response bias. Future surveys aim to use more representative samples and concentrate on response bias. Finally, implementing a strategy can maximise BRAC&’s mobilisation of worldwide resources. BRAC may improve donor connections and be more effective in mobilizing resources by putting a priority on the improvement of the target population, relatable training, and easy loan access.