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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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Muhammad Yunus
Age: 84
Born: 1940
Born: June 28
Banker
Economist
Entrepreneur
University Teacher
Chattagram
Humans
Institutions
People
Created
Failure
Poverty
Create
Support
Capabilities
Poor
Capability
Human
Produced
More quotes by Muhammad Yunus
Making money is a happiness. And that's a great incentive. Making other people happy is a super-happiness.
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
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
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
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
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
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
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
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
All people are entrepreneurs, but many don't have the opportunity to find that out.
Muhammad Yunus
I was an economist now turning into a human being - as if these are two different things. I don't know but I did that and then I had no vision.
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
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
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
If I could be useful to another human being, even for a day, that would be a great thing. It would be greater than all the big thoughts I could have at the university.
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
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
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
Some people think that poor people are lazy. Actually, it takes a lot of work to survive when you are dirt-poor.
Muhammad Yunus
I am proposing to create another kind of business, based on selflessness that is in all of us. I am calling it social business.
Muhammad Yunus
