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Quote by 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.”

Quote by Muhammad Yunus

Author

Muhammad Yunus, born on June 28, 1940, is a renowned entrepreneur, economist, and philanthropist from Bangladesh. He is best known for founding Grameen Bank, which provides microloans to the poor to help them start businesses and improve their lives. For his work, Yunus was awarded the Nobel Peace Prize in 2006. more

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“Civilization has given us enormous successes: going to the moon, technology. But then this is the civilisation that took us to debt, environmental crisis, every single crisis. We need a civilization where we say goodbye to these things.”

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“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.”

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“There is the expression of selfishness and there is the expression of selflessness - but economists or theoreticians never touched that part. They said: 'Go and become a philanthropist.' I said, 'No, I can do that in the business world, create a different kind of business - a business based on selflessness.'”

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“Business money is limitless.”

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“Human beings have enormous resilience.”

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“They explained to me that the bank cannot lend money to poor people because these people are not creditworthy.”

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“Today, the concept of business is to make money. Making money is the name of the business.”

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“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.”

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