Banking Quote by Muhammad Yunus

Microfinance is an idea whose time has come.

— Kofi Annan

A number of non-banking finance companies have entered the rural microcredit market. Many microcredit agencies have been charging interest rates not very dissimilar to…

— M. S. Swaminathan

A well-functioning microfinance bank can actually be a profitable business as well. So it became a perfect proof point that, through business, you can…

— Pierre Omidyar

“This is the basis for the most important critique of microfinance. The poor are not entrepreneurs. The idea that more than a few will…

— Ian Smillie

The moment you say microfinance everybody wants to help you.

— Muhammad Yunus

What attracted me towards microfinance is it's a very sustainable business, which has an impact on people's lives yet it can be very profitable.

— Ananya Birla

Microfinance stands as one of the most promising and cost-effective tools in the fight against global poverty.

— Jonathan Morduch

Banking, as far as I can tell, seems to be almost as precise a science as using a slot machine. You either blindly hope…

— Charlie Brooker

Is this complicated, risky [banking] system the best we can have?

— Anat R. Admati

And many of the people who buy or found banks have had no experience in banking at all. If they can learn it, so…

— Penny Lernoux

I did something that challenged the banking world. Conventional banks look for the rich; we look for the absolutely poor. All people are entrepreneurs,…

— Muhammad Yunus

The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated,…

— James Surowiecki