Muhammad Yunus

Social Entrepreneur

Muhammad Yunus is a Bangladeshi social entrepreneur known for founding the Grameen Bank and pioneering microfinance to combat poverty.

Born
June 28, 1940
Quotes
157
Rank
#4561

About Muhammad Yunus

Muhammad Yunus — Life and Legacy

Muhammad Yunus is a prominent Bangladeshi social entrepreneur recognized for his groundbreaking work in microfinance and social business. He founded the Grameen Bank in 1983, which provides small loans to impoverished individuals without requiring collateral, fundamentally changing the landscape of poverty alleviation. Yunus's core belief is that the poor are not merely victims but can be empowered to create their own solutions. His quote, 'We can create a world where poverty is history,' encapsulates his vision for a future where economic opportunities are accessible to all. Yunus's approach challenges traditional banking models by emphasizing the importance of trust and community. He asserts that 'The poor are not the problem; they are the solution,' highlighting how empowering individuals can lead to innovative solutions for societal issues. This perspective is a cornerstone of his philosophy, advocating for a shift in how society views poverty and the potential of the marginalized. Today, Yunus's ideas resonate globally, inspiring social entrepreneurs and policymakers to rethink economic development strategies. His work continues to influence discussions on poverty, social justice, and the role of business in society, making his insights invaluable in the ongoing quest for sustainable solutions.

Quote collection

Muhammad Yunus quotes (page 1 of 8)

157 quotes — follow a thought to its full quote page.

Muhammad Yunus Social Entrepreneur
Popular

"People should wake up in the morning and say 'I am not a job seeker, I am a job-creator."

Read quote 101 likes
Muhammad Yunus Social Entrepreneur
Popular

"Poverty is the absence of all human rights. The frustrations, hostility and anger generated by abject poverty cannot sustain peace in any society."

Read quote 73 likes
Muhammad Yunus Social Entrepreneur
Popular

"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."

Read quote 73 likes
Muhammad Yunus Social Entrepreneur
Popular

"In the future the question will not be, "Are people credit-worthy", but rather, "Are banks people-worthy?""

Read quote 68 likes
Muhammad Yunus Social Entrepreneur
Popular

"I’m encouraging young people to become social business entrepreneurs and contribute to the world, rather than just making money. Making money is no fun. Contributing to and changing the world is a lot more fun."

Read quote 68 likes
Muhammad Yunus Social Entrepreneur
Popular

"People.. were poor not because they were stupid or lazy. They worked all day long, doing complex physical tasks. They were poor because the financial institution in the country did not help them widen their economic base."

Read quote 67 likes
Muhammad Yunus Social Entrepreneur
Popular

"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."

Read quote 58 likes
Muhammad Yunus Social Entrepreneur
Popular

"Once poverty is gone, we'll need to build museums to display its horrors to future generations. They'll wonder why poverty continued so long in human society - how a few people could live in luxury while billions dwelt in misery, deprivation and despair."

Read quote 56 likes
Muhammad Yunus Social Entrepreneur
Popular

"We developed microfinance to fight loan sharks - I was telling people don't go to loan sharks - not trying to take advantage and make money for myself. I would be a junior loan shark if I did ... It is not a panacea."

Read quote 55 likes
Muhammad Yunus Social Entrepreneur
Popular

"A charity dollar has only one life; a Social Business dollar can be invested over and over again."

Read quote 51 likes
Muhammad Yunus Social Entrepreneur
Popular

"This is not charity. This is business: business with a social objective, which is to help people get out of poverty."

Read quote 45 likes
Muhammad Yunus Social Entrepreneur
Popular

"When a destitute mother starts earning an income, her dreams of success invariably center around her children. A woman's second priority is the household. She wants to buy utensils, build a stronger roof, or find a bed for herself and her family. A man has an entirely different set of priorities. When a destitute father earns extra income, he focuses more attention on himself. Thus money entering a household through a woman brings more benefits to the family as a whole."

Read quote 44 likes
Muhammad Yunus Social Entrepreneur
Popular

"Each of us has much more hidden inside us than we have had a chance to explore. Unless we create an environment that enables us to discover the limits of our potential, we will never know what we have inside of us."

Read quote 39 likes
Muhammad Yunus Social Entrepreneur
Popular

"Charity only perpetuates poverty by taking the initiative away from the poor."

Read quote 37 likes
Muhammad Yunus Social Entrepreneur
Popular

"We can remove poverty from the surface of the earth only if we can redesign our institutions - like the banking institutions, and other institutions; if we redesign our policies, if we look back on our concepts, so that we have a different idea of poor people."

Read quote 35 likes
Muhammad Yunus Social Entrepreneur
Popular

"If we want to help poor people out, one way to do that is to help them explore and use their own capability. Human being is full of capacity, full of capability, it's a wonderful creation, but many people never get a chance to explore that, never know that she or he has that."

Read quote 35 likes
Muhammad Yunus Social Entrepreneur
Popular

"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."

Read quote 30 likes