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I made a list of people who needed just a little bit of money. And when the list was complete, there were 42 names. The total amount of money they needed was $27. I was shocked.
Muhammad Yunus
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Muhammad Yunus
Age: 84
Born: 1940
Born: June 28
Banker
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Entrepreneur
University Teacher
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People
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More quotes by Muhammad Yunus
...poor people are just as human as anyone else. They have just as much potential as anyone.
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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.
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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.
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Policies are also to blame: the only thing that the governments and people can come up with to give to the poor people is charity. Poor people get hand outs from the state. But this is not a solution to poverty.
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I believe that we can create a poverty-free world because poverty is not created by poor people. It has been created and sustained by the economic and social systems that we have designed for ourselves the institutions and concepts that make up that system the policies that we pursue.
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Grameen Bank was formed as an institution owned by its borrower members, who are poor women. Through its unique decision-making process, Grameen Bank has given millions of women the means to emerge from the shadows in a male-dominated society and to make something of themselves.
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I am proposing to create another kind of business, based on selflessness that is in all of us. I am calling it social business.
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..things are never as complicated as they seem. It is only our arrogance that prompts us to find unnecessarily complicated answers to simple problems.
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Access to quality education has enabled me to reach far beyond the Bangladeshi village I grew up in.
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What we need is to think strategically about development, analyzing a country's potential role in its region and the world in search of opportunities for growth. Platforms like the Global Social Business Summit can facilitate the process on bringing about change.
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Credit is a human right that should be treated as a human right. If credit can be accepted as a human right, then all other human rights will be easier to establish.
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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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I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over.
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.
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A culture that holds people back should and can be changed.
Muhammad Yunus
Human beings have enormous resilience.
Muhammad Yunus
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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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.
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People can change their own lives, provided they have the right kind of institutional support. They're not asking for charity, charity is no solution to poverty. Poverty is the creation of opportunities like everybody else has, not the poor people, so bring them to the poor people, so that they can change their lives.
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But we have created a society that does not allow opportunities for those people to take care of themselves because we have denied them those opportunities.
Muhammad Yunus