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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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More quotes by Muhammad Yunus
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.
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Credit markets were originally created to serve human needs to provide businesses and individuals with capital to start or expand businesses or fulfill other financial needs.
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Some people think that poor people are lazy. Actually, it takes a lot of work to survive when you are dirt-poor.
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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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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
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
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
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
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.
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
An individual poor person is an isolated island by himself and herself. IT can end that isolation overnight.
Muhammad Yunus
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
I had only immediate things today, only today, not tomorrow. I don't know what will happen tomorrow. Today I can see myself like crystal.
Muhammad Yunus
They said, we have education, but what about jobs? So I started telling them, you should be taking a pledge, and the pledge should be: 'I'm not a job seeker I'm a job giver.' Prepare yourself to be a job giver.
Muhammad Yunus
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.
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
I was trained to become an economist and I finished my work and I was teaching and did my PhD so I thought I did that. I prepared myself for that kind of road. But then I realized that I had not learned enough to solve the problem of poverty. So I distanced myself from the things that I learned and tried to learn anew about people.
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
Human beings have enormous resilience.
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
