The Grameen Bank is a pioneer in microcredit, providing credit to the poor in rural Bangladesh. It has 2.4 million borrowers and 1,175 branches serving more than 60 percent of the villages in Bangladesh. Professor Muhammad Yunus, founder and managing director, comments on the creation of the bank:
The Grameen story began in 1976. When we began, I had no idea what I was setting out to do. Usually people start with an idea, a blueprint, a road map, or a business plan. I had none of these. I...
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