The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
Mohammed Yunus, the Professor of Economics of Bangladesh realised that in the extremely poor Bangladesh people do not start their own enterprise because they do not have even a minimum of capital. He started to experiment, and when he saw that people were ready to meet his conditions and worked diligently, he looked for partners and found a state-owned bank. By now the Grameen Bank has developed a...