Q. Grameen Bank of Bangladesh is one of the biggest success stories in reaching the poor to meet their credit needs at reasonable rates. Who is the founder of Grameen Bank of Bangladesh?
Answer: Muhammad Yunus
Notes: Muhammad Yunus was the founder of Grameen Bank of Bangladesh. It is one of the biggest success stories in reaching the poor to meet their credit needs at reasonable rates. Started in the 1970s as a small project, Grameen Bank in 2018 has over 9 million members in about 81,600 villages spread across Bangladesh. Almost all the borrowers are women and belong to the poorest sections of the society. These borrowers have proved that not only are poor women reliable borrowers, but that they can start and run a variety of small income-generating activities successfully.