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I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over.
Muhammad Yunus
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Muhammad Yunus
Age: 84
Born: 1940
Born: June 28
Banker
Economist
Entrepreneur
University Teacher
Chattagram
Fell
Went
Almost
Poor
Proposed
Money
Lend
People
Bankers
Banking
Bank
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Young people should think in a different way - they should be job givers not job seeker.
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Money commands everything because that's our interpretation of capitalism ... what kind of world is that? It's a very uncomfortable interpretation of a human being. We have been turned into robots.
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The process of breaking down fear was always my greatest challenge and it was made easier by the careful work and gentle voices of my female workers.
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I think, social business is the most logical thing to do. If we had done that, we could reduce all the problems we have.
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Like navigation markings in unknown waters, definitions of poverty need to be distinctive and unambiguous. A definition that is not precise is as bad as no definition at all.
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The developing world is full of entrepreneurs and visionaries, who with access to education, equity and credit would play a key role in developing the economic situations in their countries.
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Th direct elimination of elimination of poverty should be the objective of all development aid. Development should be viewed as a human rights issue, not as a question of simply increasing the gross national product (GNP).
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An individual poor person is an isolated island by himself and herself. IT can end that isolation overnight.
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We can remove poverty from the surface of the earth only if we can redesign our institutions - like the banking institutions, and other institutions if we redesign our policies, if we look back on our concepts, so that we have a different idea of poor people.
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My vision for the future? Two things: to make credit a human right so that each individual human being will have the opportunity to take loans and implement his or her ideas so that self-exploration becomes possible. And second: that it will lead to a world where nobody has to suffer from poverty - a world completely free from poverty.
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If you go out into the real world, you cannot miss seeing that the poor are poor not because they are untrained or illiterate but because they cannot retain the returns of their labor. They have no control over capital, and it is the ability to control capital that gives people the power to rise out of poverty.
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The moment you say microfinance everybody wants to help you.
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Microcredit has shown how you can reach out to people that conventional banking cannot. It has demonstrated that it's a doable proposition.
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If you want to do something you have to imagine it. If you don’t imagine it, it will never happen
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All people are entrepreneurs, but many don't have the opportunity to find that out.
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If we want to help poor people out, one way to do that is to help them explore and use their own capability. Human being is full of capacity, full of capability, it's a wonderful creation, but many people never get a chance to explore that, never know that she or he has that.
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The challenge I set before anyone who condemns private-sector business is this: If you are a socially conscious person, why don't you run your business in a way that will help achieve social objectives?
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...poor people are just as human as anyone else. They have just as much potential as anyone.
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