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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
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Muhammad Yunus
Age: 84
Born: 1940
Born: June 28
Banker
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More quotes by 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
Access to quality education has enabled me to reach far beyond the Bangladeshi village I grew up in.
Muhammad Yunus
Making money is a happiness. And that's a great incentive. Making other people happy is a super-happiness.
Muhammad Yunus
...one cannot but wonder how an environment can make people despair and sit idle and then, by changing the conditions, one can transform the same people into matchless performers.
Muhammad Yunus
If the helplessness and isolation of labour, who have nothing to sell but their labour, can be totally removed by connecting labour with capital through a universal credit system, we'll then have other kinds of actors on the economic scene different from what the existing capitalist world would allow us to bring out.
Muhammad Yunus
Poverty is not created by poor people. It is produced by our failure to create institutions to support human capabilities.
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
If you want to do something you have to imagine it. If you don’t imagine it, it will never happen
Muhammad Yunus
An individual poor person is an isolated island by himself and herself. IT can end that isolation overnight.
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
Money commands everything because that's our interpretation of capitalism ... what kind of world is that? It's a very uncomfortable interpretation of a human being. We have been turned into robots.
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
Today, the concept of business is to make money. Making money is the name of the business.
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
To overcome poverty and the flaws of the economic crisis in our society, we need to envision our social life. We have to free our mind, imagine what has never happened before and write social fiction. We need to imagine things to make them happen. If you don't imagine, it will never happen.
Muhammad Yunus
The only place where poverty should be is in museums.
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
A culture that holds people back should and can be changed.
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
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