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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.
Muhammad Yunus
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Muhammad Yunus
Age: 84
Born: 1940
Born: June 28
Banker
Economist
Entrepreneur
University Teacher
Chattagram
Banking
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Conventional
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Cannot
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More quotes by 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
If you want to do something you have to imagine it. If you don’t imagine it, it will never happen
Muhammad Yunus
Each individual person is very important. Each person has tremendous potential. She or he alone can influence the lives of others within the communities, nations, within and beyond her or his own time.
Muhammad Yunus
If the basic structure of Grameen is changed, the worry is that the poor women who are the rightful owners of the bank will be disenfranchised.
Muhammad Yunus
..things are never as complicated as they seem. It is only our arrogance that prompts us to find unnecessarily complicated answers to simple problems.
Muhammad Yunus
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.
Muhammad Yunus
We believe that poverty does not belong in a civilized human society. It belongs in museums [...] A poverty-free world might not be perfect, but it would be the best approximation of the ideal.
Muhammad Yunus
The moment you say microfinance everybody wants to help you.
Muhammad Yunus
Poverty is unnecessary.
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
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
I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over.
Muhammad Yunus
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.
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
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.
Muhammad Yunus
A culture that holds people back should and can be changed.
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
I avoid grandiose plans. I start with a small piece that I can do. I go to the root of the problem and then work around it. It's building brick by brick.
Muhammad Yunus
...poor people are just as human as anyone else. They have just as much potential as anyone.
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