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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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Explore more quotes by 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."
"Today, if you look at financial systems around the globe, more than half the population of the world - out of six billion people, more than three billion - do not qualify to take out a loan from a bank. This is a shame."
"My greatest challenge has been to change the mindset of people. Mindsets play strange tricks on us. We see things the way our minds have instructed our eyes to see."
"I wanted to give money to people like this woman so that they would be free from the moneylenders to sell their product at the price which the markets gave them - which was much higher than what the trader was giving them."
"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."
"I was teaching in one of the universities while the country was suffering from a severe famine. People were dying of hunger, and I felt very helpless. As an economist, I had no tool in my tool box to fix that kind of situation."
"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."
"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."
"I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over."
Exlpore more Money quotes
"No money is better spent than what is laid out for domestic satisfaction."
"To make dollars from cents you have to have sense."
"Where large sums of money are concerned, it is advisable to trust nobody."
"Because people have no thoughts to deal in, they deal cards, and try and win one another's money. Idiots!"
"See money " currency - as the flow of energy and giving that cycles between you, others and me. Now let it flow kindly, fairly and mindfully."
"Money, money, all is money! Could you write even a penny novelette without money to put heart into you? Invention, energy, wit, style, charm--they've all got to be paid for in hard cash."
"Instead of giving money to found colleges to promote learning, why don't they pass a constitutional amendment prohibiting anybody from learning anything? If it works as good as the Prohibition one did, why, in five years we would have the smartest race of people on earth."
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