Best 147 quotes of Muhammad Yunus on MyQuotes

Muhammad Yunus

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    Muhammad Yunus

    Access to quality education has enabled me to reach far beyond the Bangladeshi village I grew up in.

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    Muhammad Yunus

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

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    Muhammad Yunus

    A culture that holds people back should and can be changed.

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    Muhammad Yunus

    All human beings are very creative - full of potential, full of energy... So, money kind of allows them to express it... And if you're successful, you can take more money. You can expand your capacity, reach next level of capacity, and so on.

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    Muhammad Yunus

    All people are entrepreneurs, but many don't have the opportunity to find that out.

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    Muhammad Yunus

    An individual poor person is an isolated island by himself and herself. IT can end that isolation overnight.

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    Muhammad Yunus

    A university should not be an island where academics attain higher and higher levels of knowledge without sharing any of this knowledge with its neighbours.

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    Muhammad Yunus

    Business is about problem-solving, but it does not always have to be about maximizing profit. When I went into business, my interest was to figure out how to solve problems I see in front of me. That's why I looked at the poverty issue. I got involved in lots of things to address it, and one of them was money lending with loans and credits and savings accounts, and in the process I created Grameen Bank. So you can also have social objectives. Ask yourself these questions: Who are you? What kind of world do you want?

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    Muhammad Yunus

    Business money is limitless.

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    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.

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    Muhammad Yunus

    By simply capitalizing on core strengths and knowledge, companies and entrepreneurs can engage in an emerging business model that will enable them to create - and demonstrate - real, sustainable social impact in society.

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    Muhammad Yunus

    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.

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    Muhammad Yunus

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

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    Muhammad Yunus

    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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    Muhammad Yunus

    Credit is a human right that should be treated as a human right. If credit can be accepted as a human right, then all other human rights will be easier to establish.

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    Muhammad Yunus

    Credit markets were originally created to serve human needs; to provide businesses and individuals with capital to start or expand businesses or fulfill other financial needs.

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    Muhammad Yunus

    ...culture is useless unless it is constantly challenged by counter culture. People create culture; culture creates people. It is a two-way street. When people hide behind a culture, you know that's a dead culture.

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    Muhammad Yunus

    Each individual person is very important. Each person has tremendous potential. She or he alone can influence the lives of others within the communities, nations, within and beyond her or his own time.

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    Muhammad Yunus

    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.

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    Muhammad Yunus

    Engaging in social business is beneficial to a company because it leverages on business competencies to address social issues, involves one-time investment with sustainable results, and produces other positive effects such as employee motivation and improved organizational culture.

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    Muhammad Yunus

    Grameen Bank was formed as an institution owned by its borrower members, who are poor women. Through its unique decision-making process, Grameen Bank has given millions of women the means to emerge from the shadows in a male-dominated society and to make something of themselves.

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    Muhammad Yunus

    Health care can be made more affordable for the poor without requiring major new scientific developments, just the smart application of current technologies. We have seen a $25 incubator and diagnostic instruments that are built tough, cheap, and reusable for the developing world.

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    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.

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    Muhammad Yunus

    Human beings are much bigger than just making money.

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    Muhammad Yunus

    Human creativity is unlimited. It is the capacity of humans to make things happen which didn't happen before. Creativity provides the key to solving our social and economic problems.

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    Muhammad Yunus

    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

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    Muhammad Yunus

    I am proposing to create another kind of business, based on "selflessness" that is in all of us. I am calling it social business.

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    Muhammad Yunus

    I avoid grandiose plans. I start with a small piece that I can do. I go to the root of the problem and then work around it. It's building brick by brick.

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    Muhammad Yunus

    I believe that "government", as we know it today, should pull out of most things except for law enforcement and justice, national defense and foreign policy, and let the private sector, a "Grameenized private sector", a social-consciousness-driven private sector, take over their other functions.

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    Muhammad Yunus

    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.

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    Muhammad Yunus

    I did something that challenged the banking world. Conventional banks look for the rich; we look for the absolutely poor. All people are entrepreneurs, but many don't have the opportunity to find that out.

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    Muhammad Yunus

    If I could be useful to another human being, even for a day, that would be a great thing. It would be greater than all the big thoughts I could have at the university.

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    Muhammad Yunus

    I founded Grameen Bank to provide loans to those considered traditionally unbankable. Grameen Bank works with the poorest and often illiterate, providing uncollateralized micro-loans for tiny business enterprises by which they can lift themselves and their families out of poverty.

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    Muhammad Yunus

    If the basic structure of Grameen is changed, the worry is that the poor women who are the rightful owners of the bank will be disenfranchised.

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    Muhammad Yunus

    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.

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    Muhammad Yunus

    If we are looking for one single action which will enable the poor to overcome their poverty, I would focus on credit

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    Muhammad Yunus

    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.

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    Muhammad Yunus

    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.

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    Muhammad Yunus

    If you go out into the real world, you cannot miss seeing that the poor are poor not because they are untrained or illiterate but because they cannot retain the returns of their labor. They have no control over capital, and it is the ability to control capital that gives people the power to rise out of poverty.

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    Muhammad Yunus

    If you think creating a world without any poverty is impossible, let's do it. Because it is the right thing to do.

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    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.

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    Muhammad Yunus

    I have come to believe, deeply and firmly, that we can create a poverty free world if we want to. I came to this conclusion not as a product of a pious dream, but as a concrete result of experience gained in the work of the Grameen Bank.

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    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.

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    Muhammad Yunus

    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.

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    Muhammad Yunus

    I'm finding that knocking at their mindsets is hard work. A simple knock will not make it crawl. I was trying to push it. I was trying to find a bird's eye view where I could find a big solution. So this is what I was trying.

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    Muhammad Yunus

    I'm on the faculty. I teach. And it's not easy for a poor person to enter the campus to track down the professor in the campus in a Bangladesh situation. They all will be stopped at the gate. You have no business in the university!

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    Muhammad Yunus

    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.

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    Muhammad Yunus

    In a bird's eye view you tend to survey everything and decide on a particular point, then you swoop down and pick it up. In a worms eye view you don't have that advantage of looking at everything.

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    Muhammad Yunus

    In my experience, poor people are the world's greatest entrepreneurs. Every day, they must innovate in order to survive. They remain poor because they do not have the opportunities to turn their creativity into sustainable income.

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    Muhammad Yunus

    Instead of concentrating on the war against poverty, global attention is focused on another kind of slaughter - on something that is intangible and yet being tackled by all the possible military means we can muster. And all the lofty declarations by world leaders about combatting poverty that were lauded by the General Assembly turned out to be damp squibs.