Microfinance, in its modern version, was introduced by Muhammad Yunus, a Bangladeshi economist.

Name: Microfinance, in its modern version, was introduced by Muhammad Yunus, a Bangladeshi economist.
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Microfinance, as we know it today, was pioneered by Muhammad Yunus in the 1970s in Bangladesh. He founded Grameen Bank, which provided small loans to impoverished individuals, particularly women, to help them start their own businesses and improve their economic situation.

Microfinance, in Its Modern Version, Was Introduced by Muhammad Yunus