Accepted Quote by 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.”
About This Quote
Access to credit empowers individuals to invest in opportunities, breaking the cycle of poverty by enabling sustainable economic activity.
In simple terms: Credit as a catalyst for poverty reduction
Key Takeaway
Credit can be a human right
Themes
Economic empowerment
Financial inclusion
Poverty alleviation
Microfinance
Social justice
Mood
Hopeful
Determined
Type
Policy proposal
Advocacy statement
When to use this quote
- Rural entrepreneurs seeking startup capital
- Low‑income families needing emergency loans
- Community cooperatives expanding services
Key Concepts
Credit access
Repayment mechanisms
Human rights framing
Practical Applications
- Designing inclusive micro‑lending platforms
- Policy advocacy for credit‑as‑right legislation
Questions to Reflect On
- How can repayment risk be minimized while expanding credit?
- What safeguards ensure credit does not become predatory?
![“No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, education or money, income is an excellent antidote for deprivation. No truth has spawned so much ingenious evasion.” quote by John Kenneth Galbraith](https://sms4smile.com/quotes/img-quotes/dfb/john-kenneth-galbraith-643_antidote_no-solution-to-the-problem-of-poverty-is_2941126.jpg)
![“We have reached a situation where a theory has been accepted as fact by some, and possible contrary evidence is shunted aside. [This is] mythology rather than science.” quote by Robert Shapiro](https://sms4smile.com/quotes/img-quotes/c31/robert-shapiro-26969_accepted_we-have-reached-a-situation-where-a-theo_19120.jpg)
