In 1976, Yunus visited the poorest households in the village of Jobra near Chittagong University. He discovered that very small loans could be a lot of help to a poor person. Some Jobra women were making bamboo furniture and had to take loans for buying bamboo but all their profits were being paid towards the loans. The first loan Muhammad Yunus gave was USD 27.00 from his pocket. This $27 was loaned to 42 women in the village, who made a profit of $00.02 each from the loan