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Quote by Muhammad Yunus

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Banker To The Poor: Micro-Lending and the Battle Against World Poverty

This book delves into the world of micro-lending, a financial practice that provides small loans to individuals in developing countries. It examines how this approach has been used to combat poverty and improve the lives of the economically disadvantaged. more

Author

Muhammad Yunus
Muhammad Yunus

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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“Even today we don't pay serious attention to the issue of poverty, because the powerful remain relatively untouched by it. Most people distance themselves from the issue by saying that if the poor worked harder, they wouldn't be poor.”

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Book:Banker To The Poor: Micro-Lending and the Battle Against World Poverty
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“When we want to help the poor, we usually offer them charity. Most often we use charity to avoid recognizing the problem and finding the solution for it. Charity becomes a way to shrug off our responsibility. But charity is no solution to poverty. Charity only perpetuates poverty by taking the initiative away from the poor. Charity allows us to go ahead with our own lives without worrying about the lives of the poor. Charity appeases our consciences.”

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Author:Muhammad Yunus
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“UN studies conducted in more than forty developing countries show that the birth rate falls as women gain equality... I believe income-earning opportunities that empower poor women ... will have more impact on curbing population growth that the current system of "encouraging" family planning practices through intimidation tactics.. Family planning should be left to the family.”

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Author:Muhammad Yunus
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