"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."

Money, People, Idea, Circumstances

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"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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"I think the person who takes a job in order to live - that is to say, for the money - has turned himself into a slave."

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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."

People

"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."

People

"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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"They explained to me that the bank cannot lend money to poor people because these people are not creditworthy."

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"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."

Money

"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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"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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"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."

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"Poverty is unnecessary."

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"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."

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