"Making money is a happiness. And that's a great incentive. Making other people happy is a super-happiness."
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
Quote collection
Muhammad Yunus quotes (page 6 of 8)
157 quotes — follow a thought to its full quote page.
"Hunger is the worst form of deprivation of a human being. Although inability to access food is the immediate cause of hunger, the real cause in most of the incidents of hunger is lack of ability to pay for food. If we are looking for ways to end hunger then we should be looking at ways to ensure a reasonable level of income for all"
"Capitalism is not about the profit motive. Capitalism is about free markets. What you do in the market, in your free will, is the essence of capitalism."
"...one cannot but wonder how an environment can make people despair and sit idle and then, by changing the conditions, one can transform the same people into matchless performers."
"We create institutions and policies on the basis of the way we make assumptions about us and others. We accept the fact that we will always have poor people around us. So we have had poor people around us. If we had believed that poverty is unacceptable to us, and that it should not belong to a civilized society, we would have created appropriate institutions and policies to create a poverty-free world."
"If we are looking for one single action which will enable the poor to overcome their poverty, I would go for credit. Money is power. I have been arguing that credit should be accepted as a human right. If we can come up with a system which allows everybody access to credit while ensuring excellent repayment - I can give you a guarantee that poverty will not last long."
"I'm sure everything has a bearing on what I'm doing. My family is a lower-middle-class family, there's lots of children, seven brothers, two sisters grew up together, fighting with each other, went to school. My mother went to school up to 4th grade. My father went to school up to 8th grade. So that's about the education level we had in the family."
"Capitalism has been interpreted as an exclusively profit-centric human engagement. Some have been saying to bring people and planet into the picture. This can be a good change, but it is still not fully operationalized. Are you putting people, planet and profit at the same level?"
"Money begets money. If you don't have that, you wait around to be hired by somebody at the mercy of others. If you have that money in your hand, you desperately try to make the best use of it and move ahead. And that's generating income for yourself."
"If the helplessness and isolation of labour, who have nothing to sell but their labour, can be totally removed by connecting labour with capital through a universal credit system, we'll then have other kinds of actors on the economic scene different from what the existing capitalist world would allow us to bring out."
"In the world of development, if one mixes the poor and the nonpoor in a program, the nonpoor will always drive out the poor, and the less poor will drive out the more poor, unless protective measures are instituted right at the beginning. In such cases, the nonpoor reap the benefits of all that is done in the name of the poor."
"The developing world is full of entrepreneurs and visionaries, who with access to education, equity and credit would play a key role in developing the economic situations in their countries."
"Women have plans for themselves, for their children, about their home, the meals. They have a Vision. A man wants to enjoy himself."
"Poor people always pay back their loans. [...] It is us, the designers of institutions and rules, who keep creating trouble for them."
"Long live Grameen Bank. Let the power of poor women prevail."
"What good does the theory [of economics] do if it is not working for people?"
"I strongly believe that we can create a poverty-free world, if we want to.... In that kind of world, [the] only place you can see poverty is in the museum. When school children will be on a tour of the poverty museum, they will be horrified to see the misery and indignity of human beings. They will blame their forefathers for tolerating this inhuman condition to continue in a massive way."
"The process of breaking down fear was always my greatest challenge and it was made easier by the careful work and gentle voices of my female workers."
"I will not spend the money for myself. I will rather spend it in special business on a no-profit-no-loss policy. We will also establish an eye hospital where even beggars will be given treatment at the cost of Taka 10-20."
"We will make yogurt with all kinds of nutritious elements. We want to provide nutrition to the poor and children."