Dhaka, April 6 -- Celebrating 50 years of the Grameen Bank and 20 years of its Nobel Prize, Nobel Laureate Prof Muhammad Yunus has recalled the early struggles during the founding of Grameen Bank.

He noted that the idea of microcredit originated from the 'harsh realities' of the 1974 famine.

Prof Yunus also highlighted how rural women overcame adversity to become self-reliant-gaining literacy, strengthening their roles within their families and communities, and becoming part of a broader social movement.

Grameen Bank arranged a reception on Sunday at its head office in Mirpur, Dhaka, to celebrate 50 years of the bank and 20 years of its Nobel Prize, honouring its founder and Nobel Laureate, Prof Muhammad Yunus.

Former and current offi...