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Portrait of Muhammad Yunus

Muhammad Yunus

(1940) Banker

182 quotes in 1008 categories

What is entrepreneurship, after all? Muhammad Yunus points to small‑scale challenges faced by poor people, like a street hot‑dog seller, and says credit is the single action that can lift them out of poverty. He also mentions human rights such as food, shelter and education, and describes social businesses that serve everyday people with affordable, healthy food.

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Muhammad Yunus is a banker, best known for Banker to the Poor: Micro-Lending and the Battle against World Poverty.

Quick Facts About Muhammad Yunus

Born: June 28, 1940
Profession: Banker
Notable works: Banker to the Poor: Micro-Lending and the Battle against World Poverty

About Muhammad Yunus

He founded Grameen Bank and was the first Bangladeshi to receive a Nobel Peace Prize. After the July Uprising he served as the fifth chief adviser of Bangladesh, heading the interim government from 2024 to 2026.

Quotes by Muhammad Yunus

Human beings have enormous resilience.

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Business money is limitless.

Business

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Poverty is unnecessary.

Finance

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Changes are products of intensive efforts.

Change

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When you say vision you have a track that this is what I would like to say.

Dreams

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The moment you say microfinance everybody wants to help you.

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Young people should think in a different way - they should be job givers not job seeker.

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The able bodied poor don't want or need charity… All they need is financial capital.

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“I thought, if you can become an angel for 27 dollars. It would be fun to do more of it”

Angel

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

Creator

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The oneness of human beings is the basic ethical thread that holds us together.

Brotherhood

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Human beings are much bigger than just making money.

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

Business

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Microcredit has shown how you can reach out to people that conventional banking cannot. It has demonstrated that it's a doable proposition.

Banking

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..things are never as complicated as they seem. It is only our arrogance that prompts us to find unnecessarily complicated answers to…

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Capitalism is not about the profit motive. Capitalism is about free markets. What you do in the market, in your free will,…

Capitalism

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If the basic structure of Grameen is changed, the worry is that the poor women who are the rightful owners of the…

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I have always said that human beings are multidimensional beings. Their happiness comes from many sources, not, as our current economic framework…

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

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We have to get out of this mindset that the rich will do the business and the poor will have the charity.

Business

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There is the expression of selfishness and there is the expression of selflessness - but economists or theoreticians never touched that part.…

Business

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Hunger is the worst form of deprivation of a human being. Although inability to access food is the immediate cause of hunger,…

Ability

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People need such a small amount of money to deal with their own daily life. Because wherever I went to school they…

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Once poverty is gone, we'll need to build museums to display its horrors to future generations. They'll wonder why poverty continued so…

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Good economic theory must give the people the chance to use their talents to build their own lives. We must get away…

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We can remove poverty from the surface of the earth only if we can redesign our institutions - like the banking institutions,…

Banking

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The new millennium began with a great global dream. World leaders gathered at the United Nations in 2000 and adopted, among others,…

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Instead of concentrating on the war against poverty, global attention is focused on another kind of slaughter - on something that is…

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I strongly believe that we can create a poverty-free world, if we want to… In that kind of world, [the] only place…

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UN studies conducted in more than forty developing countries show that the birth rate falls as women gain equality... I believe income-earning…

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To me, the poor are like Bonsai trees. When you plant the best seed of the tallest tree in a six-inch deep…

Bonsai

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What I did not know yet about hunger, but would find out over the next twenty-one years, was that brilliant theorists of…

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Business is about problem-solving, but it does not always have to be about maximizing profit. When I went into business, my interest…

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“I am not a capitalist in the simplistic left/right sense. But I do believe in the power of the global free-market economy…

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When a destitute mother starts earning an income, her dreams of success invariably center around her children. A woman's second priority is…

Attention

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“The system we have built refuses to recognize people. Only credit cards are recognized. Drivers' licenses are recognized. But not people. People…

Credit

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Long live Grameen Bank. Let the power of poor women prevail.

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The fact that the poor are alive is clear proof of their ability.

Ability

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While technology is important, it's what we do with it that truly matters.

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The crisis is the price for the capitalist system

Capitalism

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Muhammad Yunus by topic

Poverty (68) People (55) Humans (33) Business (32) Money (30) World (29) Poor people (19) Social (18) Human beings (15) Human (13) Economics (12) Education (11)