Brac, the world's largest non-government organisation, plans to spend Tk 117 crore (over $15 million) in two years to help earthquake victims in Nepal, a senior official said.
“The money will mainly be spent on building houses,” Asif Saleh, senior director of Brac, told The Daily Star yesterday.
Brac will begin the initiative with Tk 8 crore of its own funds, and another Tk 2.5 crore will be donated by its employees.
“We'll mobilise the remaining funds from our offices in the US, UK and Bangladesh,” Saleh said.
The earthquake that struck Nepal in phases in April and this month killed more than 8,500 people. Many countries, including Bangladesh, have since helped the impoverished South Asian country.
Brac also sent a team to Nepal to provide blankets, medical treatment, essential medicine and dry food to the victims immediately after the earthquake.
Brac and its North American affiliate, Brac USA, have also called on supporters to assist its emergency response for Nepal. Brac is uniquely positioned to provide emergency support due to its proximity and experience, the NGO said in its website.
Brac is a development organisation working for the world's poor. It began its journey with a limited relief operation in 1972 in a remote village of Bangladesh and has now turned into the largest development organisation in the world. Brac's work now touches the lives of an estimated 13.5 crore people.