--- title: "Meaning & Key Takeaway of: I founded Grameen Bank to provide loans…" description: "\"I founded Grameen Bank to provide loans to those considered traditionally unbankable. Grameen Bank works with the poorest and often illiterate, providi..." image: "https://sms4smile.com/quotes/i/bac/muhammad-yunus-2158_bank_i-founded-grameen-bank-to-provide-loans_1891223.png" --- # I founded Grameen Bank to provide loans to those… ![“I founded Grameen Bank to provide loans to those considered traditionally unbankable. Grameen Bank works with the poorest and often illiterate, providing uncollateralized micro-loans for tiny business enterprises by which they can lift themselves and their families out of poverty.” quote by Muhammad Yunus](https://sms4smile.com/quotes/i/bac/muhammad-yunus-2158_bank_i-founded-grameen-bank-to-provide-loans_1891223.png) [Download](https://sms4smile.com/quotes/i/bac/muhammad-yunus-2158_bank_i-founded-grameen-bank-to-provide-loans_1891223.png) [Open image](https://sms4smile.com/quotes/i/bac/muhammad-yunus-2158_bank_i-founded-grameen-bank-to-provide-loans_1891223.png) > “I founded Grameen Bank to provide loans to those considered traditionally unbankable. Grameen Bank works with the poorest and often illiterate, providing uncollateralized micro-loans for tiny business enterprises by which they can lift themselves and their families out of poverty.” [Muhammad Yunus](https://sms4smile.com/quotes/author/muhammad-yunus/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Providing collateral‑free micro‑loans empowers the poorest to start small businesses and escape poverty. **In simple terms:** Micro‑loans lift people out of poverty. Key Takeaway Offer small, unsecured loans to the poor. Themes poverty alleviation entrepreneurship financial inclusion Mood hopeful inspirational Type motivational philosophical When to use this quote - rural villages - urban slums - women’s cooperatives - post‑disaster recovery Key Concepts microfinance social entrepreneurship empowerment Questions to Reflect On - What safeguards ensure loan repayment? - How can micro‑finance scale responsibly? A Different Perspective Sustainability depends on repayment and market conditions. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Enterprise](https://sms4smile.com/quotes/about/enterprise/) [Families](https://sms4smile.com/quotes/about/families/) [Poverty](https://sms4smile.com/quotes/about/poverty/) ## Related quotes > [Long live Grameen Bank. 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So we changed…](https://sms4smile.com/quotes/muhammad-yunus/soon-we-saw-that-money-going-to-women-brought-much-more-benefit-to/) [Muhammad Yunus](https://sms4smile.com/quotes/author/muhammad-yunus/) > [I have come to believe, deeply and firmly, that we can create a poverty free world if we want to. I came to this…](https://sms4smile.com/quotes/muhammad-yunus/i-have-come-to-believe-deeply-and-firmly-that-we-can-create-a-poverty/) [Muhammad Yunus](https://sms4smile.com/quotes/author/muhammad-yunus/) > [If you go out into the real world, you cannot miss seeing that the poor are poor not because they are untrained or illiterate…](https://sms4smile.com/quotes/muhammad-yunus/if-you-go-out-into-the-real-world-you-cannot-miss-seeing-that-the/) [Muhammad Yunus](https://sms4smile.com/quotes/author/muhammad-yunus/) > [Illiterate people on the computer and I don't go well together.](https://sms4smile.com/quotes/anonymous/illiterate-people-on-the-computer-and-i-don-t-go-well-together/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Ignorance and illiteracy are obviously not synonymous; even illiterate masses can cast their ballots with intelligence, once they are informed.](https://sms4smile.com/quotes/william-orville-douglas/ignorance-and-illiteracy-are-obviously-not-synonymous-even-illiterate/) William Orville Douglas > [“the illiterate of the future will not be those that cannot read or write. 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