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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
Shown
Conventional
Reach
Cannot
Doable
People
Demonstrated
Proposition
Propositions
Banking

More quotes by Muhammad Yunus

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The only place where poverty should be is in museums.
Muhammad Yunus
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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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There are cultural issues everywhere - in Bangladesh, Latin America, Africa, wherever you go. But somehow when we talk about cultural differences, we magnify those differences.
Muhammad Yunus
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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.
Muhammad Yunus
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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.
Muhammad Yunus
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Poverty is not created by poor people. It is produced by our failure to create institutions to support human capabilities.
Muhammad Yunus
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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
Muhammad Yunus
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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.
Muhammad Yunus
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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
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Engaging in social business is beneficial to a company because it leverages on business competencies to address social issues, involves one-time investment with sustainable results, and produces other positive effects such as employee motivation and improved organizational culture.
Muhammad Yunus
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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
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Truly affordable but high-quality health care tools and services are the only means by which quality health care can be provided to all.
Muhammad Yunus
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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.
Muhammad Yunus
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Hunger is the worst form of deprivation of a human being. Although inability to access food is the immediate cause of hunger, the real cause in most of the incidents of hunger is lack of ability to pay for food. If we are looking for ways to end hunger then we should be looking at ways to ensure a reasonable level of income for all
Muhammad Yunus
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...poor people are just as human as anyone else. They have just as much potential as anyone.
Muhammad Yunus
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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.
Muhammad Yunus
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All people are entrepreneurs, but many don't have the opportunity to find that out.
Muhammad Yunus
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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
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Women have plans for themselves, for their children, about their home, the meals. They have a Vision. A man wants to enjoy himself.
Muhammad Yunus
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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