Breaking the Poverty Trap with the Graduation Approach
By Max Gollin • May 26, 2022 • 1 minute read
Learn how a proven solution to poverty eradication can help empower millions to lift themselves into sustainable livelihood. BRAC, the world’s largest NGO, wanted to help previously unreachable people in extreme poverty build sustainable livelihoods long-term. So, in 2002 we pioneered the Graduation approach – a holistic sequence of interventions that helps people escape the poverty trap for good. When LSE researchers found 95 percent of participants in Bangladesh continued improving their living standards seven years after the intervention ended, we knew Graduation had the potential to transform lives.
Building on that success, BRAC Ultra-Poor Graduation Initiative aims to scale Graduation through governments worldwide to help 4.6 million more households escape extreme poverty by 2026 helping the world on its way to reach SDG 1, ending all forms of poverty.