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Muhammad Yunus Quotes / Quotations


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Muhammad Yunus QUOTES / QUOTATIONS
Business money is limitless.
Quotation of Muhammad Yunus
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.
Quotation of Muhammad Yunus
From the beginning, I had complained about the banking system on two grounds. One complaint was that the banking system was denying financial services to the poor people through certain rules it had set up. The second allegation was that the banking system also was not treating women fairly.
Quotation of Muhammad Yunus
Here we were talking about economic development, about investing billions of dollars in various programs, and I could see it wasn't billions of dollars people needed right away.
Quotation of 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.
Quotation of 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.
Quotation of Muhammad Yunus
I saw how people suffered for a tiny amount of money. They had to borrow from the moneylender, and the moneylender took advantage of them, squeezed them in a way that all the benefits passed on to the moneylender and none remained for the borrowers.
Quotation of Muhammad Yunus
I wanted to give money to people like this woman so that they would be free from the moneylenders to sell their product at the price which the markets gave them - which was much higher than what the trader was giving them.
Quotation of Muhammad Yunus
I was teaching in one of the universities while the country was suffering from a severe famine. People were dying of hunger, and I felt very helpless. As an economist, I had no tool in my tool box to fix that kind of situation.
Quotation of Muhammad Yunus
I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over.
Quotation of Muhammad Yunus
If you look at the gender composition of all the borrowers of all the banks in Bangladesh, not even 1% of the borrowers happen to be women.
Quotation of Muhammad Yunus
My greatest challenge has been to change the mindset of people. Mindsets play strange tricks on us. We see things the way our minds have instructed our eyes to see.
Quotation of Muhammad Yunus
Poverty is unnecessary.
Quotation of 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.
Quotation of Muhammad Yunus
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.
Quotation of Muhammad Yunus
They explained to me that the bank cannot lend money to poor people because these people are not creditworthy.
Quotation of Muhammad Yunus
This is not charity. This is business: business with a social objective, which is to help people get out of poverty.
Quotation of Muhammad Yunus
Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame.
Quotation of Muhammad Yunus