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I had no idea that I would ever get involved with something like lending money to poor people, given the circumstances in which I was working in Bangladesh.
Muhammad Yunus
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Muhammad Yunus
Age: 84
Born: 1940
Born: June 28
Banker
Economist
Entrepreneur
University Teacher
Chattagram
Money
Bangladesh
Ideas
Lending
Ever
Circumstances
Something
Involved
Would
Working
Like
Poor
People
Idea
Given
More quotes by Muhammad Yunus
What we are trying to do is to create a social business in Bangladesh, a joint venture to create restaurants for common people. Good, healthy food at affordable prices so that people don't have to opt for food that is unhealthy and unhygienic.
Muhammad Yunus
An individual poor person is an isolated island by himself and herself. IT can end that isolation overnight.
Muhammad Yunus
If the helplessness and isolation of labour, who have nothing to sell but their labour, can be totally removed by connecting labour with capital through a universal credit system, we'll then have other kinds of actors on the economic scene different from what the existing capitalist world would allow us to bring out.
Muhammad Yunus
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.
Muhammad Yunus
If you want to do something you have to imagine it. If you don’t imagine it, it will never happen
Muhammad Yunus
What I learned in school, what I learned in the educational part of my life. Trying to acquire a kind of a bird's eye view. You drive hard and see everything. And that's called education because now you can see everything.
Muhammad Yunus
Health care can be made more affordable for the poor without requiring major new scientific developments, just the smart application of current technologies. We have seen a $25 incubator and diagnostic instruments that are built tough, cheap, and reusable for the developing world.
Muhammad Yunus
Making money is no fun. Contributing to and changing the world is a lot more fun.
Muhammad Yunus
By simply capitalizing on core strengths and knowledge, companies and entrepreneurs can engage in an emerging business model that will enable them to create - and demonstrate - real, sustainable social impact in society.
Muhammad Yunus
People need such a small amount of money to deal with their own daily life. Because wherever I went to school they taught me about millions of dollars. I dealt with billions of dollars in national plans and investment plans and so on. Not this tiny money, $27 for 42 people.
Muhammad Yunus
Making money is a happiness. And that's a great incentive. Making other people happy is a super-happiness.
Muhammad Yunus
I was an economist now turning into a human being - as if these are two different things. I don't know but I did that and then I had no vision.
Muhammad Yunus
What is entrepreneurship, after all? Bigness is not the issue. Poor people are the ones who take challenges every day. The guy who sells a hot dog on the street is as much an entrepreneur as anyone else. Getting his $50 loan to start could be as difficult as finding $50 million for someone else. All people are entrepreneurs.
Muhammad Yunus
This is not charity. This is business: business with a social objective, which is to help people get out of poverty.
Muhammad Yunus
My experience working in the Grameen Bank has given me faith an unshakable faith in the creativity of human beings. It leads me to believe that humans are not born to suffer the misery of hunger and poverty. They suffer now as they did in the past because we turn our heads away from this issue.
Muhammad Yunus
To overcome poverty and the flaws of the economic crisis in our society, we need to envision our social life. We have to free our mind, imagine what has never happened before and write social fiction. We need to imagine things to make them happen. If you don't imagine, it will never happen.
Muhammad Yunus
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.
Muhammad Yunus
We have done some of these in Bangladesh. Whenever I see a problem, I immediately go and create a company. That's what I did all my life.
Muhammad Yunus
So i say, change the base! If you change the base, anybody will be as tall as anybody else! My belief is poverty is not caused by poor ppl. Poverty is caused by the system. Poverty is caused by the policies that we pursue.
Muhammad Yunus
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.
Muhammad Yunus
