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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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Muhammad Yunus
Age: 84
Born: 1940
Born: June 28
Banker
Economist
Entrepreneur
University Teacher
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Core
Sustainable
Business
Impact
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Enable
Real
Simply
Emerging
Create
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Society
More quotes by Muhammad Yunus
I think, social business is the most logical thing to do. If we had done that, we could reduce all the problems we have.
Muhammad Yunus
I'm finding that knocking at their mindsets is hard work. A simple knock will not make it crawl. I was trying to push it. I was trying to find a bird's eye view where I could find a big solution. So this is what I was trying.
Muhammad Yunus
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
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
Capitalism has been interpreted as an exclusively profit-centric human engagement. Some have been saying to bring people and planet into the picture. This can be a good change, but it is still not fully operationalized. Are you putting people, planet and profit at the same level?
Muhammad Yunus
My vision for the future? Two things: to make credit a human right so that each individual human being will have the opportunity to take loans and implement his or her ideas so that self-exploration becomes possible. And second: that it will lead to a world where nobody has to suffer from poverty - a world completely free from poverty.
Muhammad Yunus
Soon we saw that money going to women brought much more benefit to the family than money going to the men. So we changed our policy and gave a high priority to women. As a result, now 96% of our four million borrowers in Grameen Bank are women.
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?
Muhammad Yunus
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
Some people think that poor people are lazy. Actually, it takes a lot of work to survive when you are dirt-poor.
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
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
The moment you say microfinance everybody wants to help you.
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
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
A culture that holds people back should and can be changed.
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
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
Human beings are much bigger than just making money.
Muhammad Yunus
The developing world is full of entrepreneurs and visionaries, who with access to education, equity and credit would play a key role in developing the economic situations in their countries.
Muhammad Yunus