--- title: "Meaning & Key Takeaway of: Making loans accessible to millions of…" description: "\"Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them hooked to such loans isn't.\" — Evgeny Morozov" image: "https://sms4smile.com/quotes/i/367/evgeny-morozov-2995_customers_making-loans-accessible-to-millions-of-t_1719717.png" --- # Making loans accessible to millions of the previously… ![“Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them hooked to such loans isn't.” quote by Evgeny Morozov](https://sms4smile.com/quotes/i/367/evgeny-morozov-2995_customers_making-loans-accessible-to-millions-of-t_1719717.png) [Download](https://sms4smile.com/quotes/i/367/evgeny-morozov-2995_customers_making-loans-accessible-to-millions-of-t_1719717.png) [Open image](https://sms4smile.com/quotes/i/367/evgeny-morozov-2995_customers_making-loans-accessible-to-millions-of-t_1719717.png) > “Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them hooked to such loans isn't.” [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Providing loans to the unbanked can empower, but predatory lending can trap them in debt cycles. **In simple terms:** Access to credit is good; exploitation is bad. Key Takeaway Ensure loans are fair and sustainable. Themes finance ethics inclusion Mood critical analytical Type essay policy‑oriented When to use this quote - micro‑finance - development aid - consumer protection - policy reform Key Concepts predatory lending financial literacy Questions to Reflect On - How can lenders balance profit with borrower protection? - What safeguards prevent exploitative lending? A Different Perspective Market pressures may prioritize profit over fairness. ★ ★ ★ ★ ★ No ratings yet [Goal](https://sms4smile.com/quotes/about/goal/) [Goals](https://sms4smile.com/quotes/about/goals/) [Noble](https://sms4smile.com/quotes/about/noble/) ## Related quotes > [“When Steve Eisman stumbled into this new, rapidly growing industry of specialty finance, the mortgage bond was about to be put to a new…](https://sms4smile.com/quotes/michael-lewis/when-steve-eisman-stumbled-into-this-new-rapidly-growing-industry-of/) [Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/) > [Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic…](https://sms4smile.com/quotes/james-surowiecki/making-loans-and-fighting-poverty-are-normally-two-of-the-least/) [James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/) > [A good or great performance is like peeling an onion; in every scene you reveal another layer, something the audience hasn't seen until then.…](https://sms4smile.com/quotes/larry-moss/a-good-or-great-performance-is-like-peeling-an-onion-in-every-scene/) [Larry Moss](https://sms4smile.com/quotes/author/larry-moss/) > [My favorite horse was Zenyatta. She got me hooked.](https://sms4smile.com/quotes/rashard-lewis/my-favorite-horse-was-zenyatta-she-got-me-hooked/) [Rashard Lewis](https://sms4smile.com/quotes/author/rashard-lewis/) > [I'm hooked on my baby's love, there ain't nothing in the jug this strong.](https://sms4smile.com/quotes/alan-jackson/i-m-hooked-on-my-baby-s-love-there-ain-t-nothing-in-the-jug-this/) [Alan Jackson](https://sms4smile.com/quotes/author/alan-jackson/) > [My dad was a theater actor, so I would follow him backstage. And my mom was a casting director. The moment I heard the…](https://sms4smile.com/quotes/christian-slater/my-dad-was-a-theater-actor-so-i-would-follow-him-backstage-and-my-mom/) [Christian Slater](https://sms4smile.com/quotes/author/christian-slater/) > [There's a growing consensus that the best way to defeat communism in Cuba is to get its citizens hooked on American goods.](https://sms4smile.com/quotes/timothy-noah/there-s-a-growing-consensus-that-the-best-way-to-defeat-communism-in/) [Timothy Noah](https://sms4smile.com/quotes/author/timothy-noah/) > [It is a catastrophe, all of this virtual being together. I think there are people who get hooked on the internet. If they need…](https://sms4smile.com/quotes/ruth-westheimer/it-is-a-catastrophe-all-of-this-virtual-being-together-i-think-there/) [Ruth Westheimer](https://sms4smile.com/quotes/author/ruth-westheimer/) > [Hooked on Phonics worked for me](https://sms4smile.com/quotes/brian-regan/hooked-on-phonics-worked-for-me/) [Brian Regan](https://sms4smile.com/quotes/author/brian-regan/) > [I don't really watch TV series because I don't want to get hooked on them and have them suck up all my time.](https://sms4smile.com/quotes/m-ward/i-don-t-really-watch-tv-series-because-i-don-t-want-to-get-hooked-on/) [M. Ward](https://sms4smile.com/quotes/author/m-ward/) > [I'm hooked on your lovin believe me, and when you hold my body I know you need me.](https://sms4smile.com/quotes/ashanti/i-m-hooked-on-your-lovin-believe-me-and-when-you-hold-my-body-i-know/) [Ashanti](https://sms4smile.com/quotes/author/ashanti/) > [So your cousins and friends are getting hooked one by one, and all you are left wondering is when will my time come?](https://sms4smile.com/quotes/mazher/so-your-cousins-and-friends-are-getting-hooked-one-by-one-and-all-you/) [Mazher](https://sms4smile.com/quotes/author/mazher/) > [I became hooked on the idea of being able to shoot an image and process it myself, and end up with a product.](https://sms4smile.com/quotes/leonard-nimoy/i-became-hooked-on-the-idea-of-being-able-to-shoot-an-image-and/) [Leonard Nimoy](https://sms4smile.com/quotes/author/leonard-nimoy/) > [“Whale oil beef hooked,”](https://sms4smile.com/quotes/louise-penny/whale-oil-beef-hooked/) [Louise Penny](https://sms4smile.com/quotes/author/louise-penny/) > [We spend millions of dollars to remove pain from our lives. It's why so many people get hooked on painkillers. The body becomes addicted…](https://sms4smile.com/quotes/henry-rollins/we-spend-millions-of-dollars-to-remove-pain-from-our-lives-it-s-why/) [Henry Rollins](https://sms4smile.com/quotes/author/henry-rollins/) ## More by Evgeny Morozov > [“If Amazon’s dream of a world without gatekeepers becomes reality, then the company itself will become a powerful gatekeeper.”](https://sms4smile.com/quotes/evgeny-morozov/if-amazon-s-dream-of-a-world-without-gatekeepers-becomes-reality-then/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [I spent two years in Palo Alto - what an awful, suffocating place for those of us who don't care about yoga, yogurts and…](https://sms4smile.com/quotes/evgeny-morozov/i-spent-two-years-in-palo-alto-what-an-awful-suffocating-place-for/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [For many oppositional movements, the Internet, while providing the opportunity to distribute information more quickly and cheaper, may have actually made their struggle more…](https://sms4smile.com/quotes/evgeny-morozov/for-many-oppositional-movements-the-internet-while-providing-the/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [To fully absorb the lessons of the Internet, urge the Internet-centrists, we need to reshape our political and social institutions in its image.](https://sms4smile.com/quotes/evgeny-morozov/to-fully-absorb-the-lessons-of-the-internet-urge-the-internet/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [As Barbara Streisand discovered, adopting a militaristic posture against a tech-savvy mob of civil libertarians is not going to be of much help: Many…](https://sms4smile.com/quotes/evgeny-morozov/as-barbara-streisand-discovered-adopting-a-militaristic-posture/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [The Egyptian experience suggests that social media can greatly accelerate the death of already dying authoritarian regimes.](https://sms4smile.com/quotes/evgeny-morozov/the-egyptian-experience-suggests-that-social-media-can-greatly/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [In business, standards establish the rules of the game, creating path dependencies as investments are made and corresponding designs are set in stone and…](https://sms4smile.com/quotes/evgeny-morozov/in-business-standards-establish-the-rules-of-the-game-creating-path/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [Military commanders do not want to be tried for war crimes, even if those crimes are committed online.](https://sms4smile.com/quotes/evgeny-morozov/military-commanders-do-not-want-to-be-tried-for-war-crimes-even-if/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [When we get the remote Russian village online, what will get people to the Internet is not going to be reports from Human Rights…](https://sms4smile.com/quotes/evgeny-morozov/when-we-get-the-remote-russian-village-online-what-will-get-people-to/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [ “To reject solutionism is to transcend the narrow-minded rationalistic mindset that recasts every instance of an efficiency deficit \[...\] as an obstacle that needs… ](https://sms4smile.com/quotes/evgeny-morozov/to-reject-solutionism-is-to-transcend-the-narrow-minded-rationalistic/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [Information technology has been one of the leading drivers of globalization, and it may also become one of its major victims.](https://sms4smile.com/quotes/evgeny-morozov/information-technology-has-been-one-of-the-leading-drivers-of/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [Universities ought to be aware of the degree they would want to accept funding from governments like China to work on, say, face recognition…](https://sms4smile.com/quotes/evgeny-morozov/universities-ought-to-be-aware-of-the-degree-they-would-want-to/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [“Thomas Friedman, the New York Times foreign affairs columnist, in his typical fashion, trivialized—and did much to popularize—the “dictator’s dilemma” fallacy by coining a…](https://sms4smile.com/quotes/evgeny-morozov/thomas-friedman-the-new-york-times-foreign-affairs-columnist-in-his/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [If WikiLeaks were a for-profit company, determining its real value would be a nearly impossible task.](https://sms4smile.com/quotes/evgeny-morozov/if-wikileaks-were-a-for-profit-company-determining-its-real-value/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) > [The implications are clear: Facebook wants to build an Internet where watching films, listening to music, reading books and even browsing is done not…](https://sms4smile.com/quotes/evgeny-morozov/the-implications-are-clear-facebook-wants-to-build-an-internet-where/) [Evgeny Morozov](https://sms4smile.com/quotes/author/evgeny-morozov/) [Explore all 143 Evgeny Morozov quotes ](https://sms4smile.com/quotes/author/evgeny-morozov/) ## More Customers quotes > [The best way to hold customers is to constantly figure out how to give them more for less.](https://sms4smile.com/quotes/philip-kotler/the-best-way-to-hold-customers-is-to-constantly-figure-out-how-to/) [Philip Kotler](https://sms4smile.com/quotes/author/philip-kotler/) > [Corporations invest in sophisticated CRM, or Customer Relationship Management, programs to effectively oversee their relationship with their customers at every point during the buying…](https://sms4smile.com/quotes/marc-ostrofsky/corporations-invest-in-sophisticated-crm-or-customer-relationship/) [Marc Ostrofsky](https://sms4smile.com/quotes/author/marc-ostrofsky/) > [One of the Internet's highest-profile companies, Priceline once dreamed of transforming the way consumer goods are bought and sold by offering customers the chance…](https://sms4smile.com/quotes/alex-berenson/one-of-the-internet-s-highest-profile-companies-priceline-once/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [If we get better our customers will demand we get bigger.](https://sms4smile.com/quotes/s-truett-cathy/if-we-get-better-our-customers-will-demand-we-get-bigger/) [S. Truett Cathy](https://sms4smile.com/quotes/author/s-truett-cathy/) > [Research is an organized method of trying to find out what you are going to do after you cannot do what you are doing…](https://sms4smile.com/quotes/charles-kettering/research-is-an-organized-method-of-trying-to-find-out-what-you-are/) [Charles Kettering](https://sms4smile.com/quotes/author/charles-kettering/) > [Without a customer, you don't have a business - all you have is a hobby.](https://sms4smile.com/quotes/don-peppers/without-a-customer-you-don-t-have-a-business-all-you-have-is-a-hobby/) [Don Peppers](https://sms4smile.com/quotes/author/don-peppers/) > [In open source, you really have to be near the watershed to have an impact on the source code. Customers want to be near…](https://sms4smile.com/quotes/peter-fenton/in-open-source-you-really-have-to-be-near-the-watershed-to-have-an/) [Peter Fenton](https://sms4smile.com/quotes/author/peter-fenton/) > [Get a minimum viable product out there, test it out, see how customers respond.](https://sms4smile.com/quotes/shira-goodman/get-a-minimum-viable-product-out-there-test-it-out-see-how-customers/) [Shira Goodman](https://sms4smile.com/quotes/author/shira-goodman/) > [Tachyon OPC+ is a natural extension of our market-winning Tachyon platform, giving customers a clear path to minimizing the OPC error budget and producing…](https://sms4smile.com/quotes/bill-vaughan/tachyon-opc-is-a-natural-extension-of-our-market-winning-tachyon/) [Bill Vaughan](https://sms4smile.com/quotes/author/bill-vaughan/) > [I think technology advanced faster than anticipated. In that whirlwind, a lot of companies didn't survive. The reason we have done well is because,…](https://sms4smile.com/quotes/jeff-bezos/i-think-technology-advanced-faster-than-anticipated-in-that-whirlwind/) [Jeff Bezos](https://sms4smile.com/quotes/author/jeff-bezos/) > [In a very real sense, there are only two roles in organisations: customers and suppliers. Everybody functions simultaneously in both roles, whether inside or…](https://sms4smile.com/quotes/stephen-covey/in-a-very-real-sense-there-are-only-two-roles-in-organisations/) [Stephen Covey](https://sms4smile.com/quotes/author/stephen-covey/) > [Why is Caterpillar bad if we create a new job in India or China to receive U.S. exports? It makes no sense to me.…](https://sms4smile.com/quotes/douglas-r-oberhelman/why-is-caterpillar-bad-if-we-create-a-new-job-in-india-or-china-to/) [Douglas R. Oberhelman](https://sms4smile.com/quotes/author/douglas-r-oberhelman/) > [Enthusiastic service providers create enthusiastic customers.](https://sms4smile.com/quotes/ron-kaufman/enthusiastic-service-providers-create-enthusiastic-customers/) [Ron Kaufman](https://sms4smile.com/quotes/author/ron-kaufman/) > [The more a prospective customer clicks on you and your stuff, the easier it is for them to make a buying decision in your…](https://sms4smile.com/quotes/jeffrey-gitomer/the-more-a-prospective-customer-clicks-on-you-and-your-stuff-the/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [You have to treat your employees like your customers. When you treat them right they will treat your outside customers right.](https://sms4smile.com/quotes/herb-kelleher/you-have-to-treat-your-employees-like-your-customers-when-you-treat/) [Herb Kelleher](https://sms4smile.com/quotes/author/herb-kelleher/) Browse all 2,036 Customers quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them hooked to such loans isn't.", "creator": { "@type": "Person", "name": "Evgeny Morozov" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/evgeny-morozov/making-loans-accessible-to-millions-of-the-previously-unbankable/", "about": { "@type": "Thing", "name": "Customers" }, "@id": "https://sms4smile.com/quotes/evgeny-morozov/making-loans-accessible-to-millions-of-the-previously-unbankable/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/367/evgeny-morozov-2995_customers_making-loans-accessible-to-millions-of-t_1719717.png", "contentUrl": "https://sms4smile.com/quotes/i/367/evgeny-morozov-2995_customers_making-loans-accessible-to-millions-of-t_1719717.png", "url": "https://sms4smile.com/quotes/i/367/evgeny-morozov-2995_customers_making-loans-accessible-to-millions-of-t_1719717.png", "width": 1080, "height": 1080, "caption": "“Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them…” — Evgeny Morozov", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Evgeny Morozov", "item": "https://sms4smile.com/quotes/author/evgeny-morozov/" }, { "@type": "ListItem", "position": 4, "name": "Making loans accessible to millions of...", "item": "https://sms4smile.com/quotes/evgeny-morozov/making-loans-accessible-to-millions-of-the-previously-unbankable/" } ], "@id": "https://sms4smile.com/quotes/evgeny-morozov/making-loans-accessible-to-millions-of-the-previously-unbankable/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```