--- title: "Meaning & Key Takeaway of: Microloans enable the poor to lift…" description: "\"Microloans enable the poor to lift themselves out of poverty through entrepreneurship.\" — Pierre Omidyar" image: "https://sms4smile.com/quotes/i/192/pierre-omidyar-9759_entrepreneur_microloans-enable-the-poor-to-lift-thems_508147.jpg" --- # Microloans enable the poor to lift themselves out of… ![“Microloans enable the poor to lift themselves out of poverty through entrepreneurship.” quote by Pierre Omidyar](https://sms4smile.com/quotes/i/192/pierre-omidyar-9759_entrepreneur_microloans-enable-the-poor-to-lift-thems_508147.jpg) [Download](https://sms4smile.com/quotes/i/192/pierre-omidyar-9759_entrepreneur_microloans-enable-the-poor-to-lift-thems_508147.jpg) [Open image](https://sms4smile.com/quotes/i/192/pierre-omidyar-9759_entrepreneur_microloans-enable-the-poor-to-lift-thems_508147.jpg) > “Microloans enable the poor to lift themselves out of poverty through entrepreneurship.” [Pierre Omidyar](https://sms4smile.com/quotes/author/pierre-omidyar/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Microloans provide capital for the poor to start businesses, fostering self‑reliance and economic growth. **In simple terms:** Small loans help lift people out of poverty. Key Takeaway Support micro‑entrepreneurship. Themes poverty entrepreneurship finance Mood optimistic analytical Type economic social When to use this quote - starting a small business - community development - financial inclusion - skill training Key Concepts economic development social impact empowerment Questions to Reflect On - How can microloans be paired with mentorship? - What barriers do borrowers face? A Different Perspective Loans may be insufficient without market access. ★ ★ ★ ★ ★ No ratings yet [Enable Poor](https://sms4smile.com/quotes/about/enable-poor-2322358/) [Entrepreneur](https://sms4smile.com/quotes/about/entrepreneur/) [Entrepreneurship](https://sms4smile.com/quotes/about/entrepreneurship/) [Inspirational](https://sms4smile.com/quotes/about/inspirational/) [Lift Poverty](https://sms4smile.com/quotes/about/lift-poverty-1165645/) [Lifts](https://sms4smile.com/quotes/about/lifts/) [Microcredit](https://sms4smile.com/quotes/about/microcredit/) [Microloans Enable](https://sms4smile.com/quotes/about/microloans-enable-4313797/) [Poor](https://sms4smile.com/quotes/about/poor/) [Poverty](https://sms4smile.com/quotes/about/poverty/) [Poverty Entrepreneurship](https://sms4smile.com/quotes/about/poverty-entrepreneurship-4313796/) ## Related quotes > [Through job creation, quality public services and better working conditions, people, communities and countries can lift themselves out of poverty, improve livelihoods, engage in…](https://sms4smile.com/quotes/sharan-burrow/through-job-creation-quality-public-services-and-better-working/) [Sharan Burrow](https://sms4smile.com/quotes/author/sharan-burrow/) > [Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A…](https://sms4smile.com/quotes/joan-robinson/capitalism-with-near-full-employment-was-an-impressive-spectacle-but/) [Joan Robinson](https://sms4smile.com/quotes/author/joan-robinson/) > [As an empowerment right, education is the primary vehicle by which economically and socially marginalised adults and children can lift themselves out of poverty,…](https://sms4smile.com/quotes/koichiro-matsuura/as-an-empowerment-right-education-is-the-primary-vehicle-by-which/) [Koichiro Matsuura](https://sms4smile.com/quotes/author/koichiro-matsuura/) > [No longer can we measure compassion by how much we spend on poverty but how many people we help to lift out of poverty.](https://sms4smile.com/quotes/john-h-mcwhorter/no-longer-can-we-measure-compassion-by-how-much-we-spend-on-poverty/) [John H. McWhorter](https://sms4smile.com/quotes/author/john-h-mcwhorter/) > [The greatest charity is to enable the poor to earn a living.](https://sms4smile.com/quotes/vikrant-parsai/the-greatest-charity-is-to-enable-the-poor-to-earn-a-living/) [Vikrant Parsai](https://sms4smile.com/quotes/author/vikrant-parsai/) > [If we are looking for one single action which will enable the poor to overcome their poverty, I would focus on credit](https://sms4smile.com/quotes/muhammad-yunus/if-we-are-looking-for-one-single-action-which-will-enable-the-poor-to-2/) [Muhammad Yunus](https://sms4smile.com/quotes/author/muhammad-yunus/) > [It is unacceptable that someone can work full time - and work hard - and not be able to lift themselves out of poverty.](https://sms4smile.com/quotes/sherrod-brown/it-is-unacceptable-that-someone-can-work-full-time-and-work-hard-and/) [Sherrod Brown](https://sms4smile.com/quotes/author/sherrod-brown/) > [It's a powerful thing to know that you are empowering someone to lift themselves out of poverty.](https://sms4smile.com/quotes/jessica-jackley/it-s-a-powerful-thing-to-know-that-you-are-empowering-someone-to-lift/) [Jessica Jackley](https://sms4smile.com/quotes/author/jessica-jackley/) > [“People like Larraine lived with so many compounded limitations that it was difficult to imagine the amount of good behavior or self-control that would…](https://sms4smile.com/quotes/matthew-desmond/people-like-larraine-lived-with-so-many-compounded-limitations-that/) [Matthew Desmond](https://sms4smile.com/quotes/author/matthew-desmond/) > [Trickle-down theories do not address the legitimate aspirations of the poor. 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The…](https://sms4smile.com/quotes/jeffrey-sachs/the-key-to-ending-extreme-poverty-is-to-enable-the-poorest-of-the/) [Jeffrey Sachs](https://sms4smile.com/quotes/author/jeffrey-sachs/) > [When combined with information and communication technologies, microcredit can unleash new opportunities for the world's poorest entrepreneurs and thereby revitalize the village economies they…](https://sms4smile.com/quotes/madeleine-albright/when-combined-with-information-and-communication-technologies/) [Madeleine Albright](https://sms4smile.com/quotes/author/madeleine-albright/) > [This is not charity. 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But on the Web, we could make it interactive, we…](https://sms4smile.com/quotes/pierre-omidyar/people-were-doing-business-with-one-another-through-the-internet/) [Pierre Omidyar](https://sms4smile.com/quotes/author/pierre-omidyar/) > [I was raised with the notion that you can do pretty much do anything you want. I always kind of just went ahead and…](https://sms4smile.com/quotes/pierre-omidyar/i-was-raised-with-the-notion-that-you-can-do-pretty-much-do-anything/) [Pierre Omidyar](https://sms4smile.com/quotes/author/pierre-omidyar/) > [Everyone is born equally capable but lacks equal opportunity.](https://sms4smile.com/quotes/pierre-omidyar/everyone-is-born-equally-capable-but-lacks-equal-opportunity/) [Pierre Omidyar](https://sms4smile.com/quotes/author/pierre-omidyar/) > [You should pursue your passion. If you're passionate about something and you work hard, then I think you will be successful.](https://sms4smile.com/quotes/pierre-omidyar/you-should-pursue-your-passion-if-you-re-passionate-about-something-2/) [Pierre Omidyar](https://sms4smile.com/quotes/author/pierre-omidyar/) > [Technologists come at a problem from the point of view that the system is working a certain way, and if I engage in that…](https://sms4smile.com/quotes/pierre-omidyar/technologists-come-at-a-problem-from-the-point-of-view-that-the/) [Pierre Omidyar](https://sms4smile.com/quotes/author/pierre-omidyar/) > [I developed an interest in supporting independent journalists in a way that leverages their work to the greatest extent possible, all in support of…](https://sms4smile.com/quotes/pierre-omidyar/i-developed-an-interest-in-supporting-independent-journalists-in-a/) [Pierre Omidyar](https://sms4smile.com/quotes/author/pierre-omidyar/) > [My dad was a physician. 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Faith, though, can turn difficulty into reality, positive reality.](https://sms4smile.com/quotes/jim-rohn/faith-is-the-ability-to-see-things-that-don-t-yet-exist-faith-though/) [Jim Rohn](https://sms4smile.com/quotes/author/jim-rohn/) > [We have a terror of seeming to exert ourselves, lest it be noticed that we exerted ourselves and did not succeed.](https://sms4smile.com/quotes/mignon-mclaughlin/we-have-a-terror-of-seeming-to-exert-ourselves-lest-it-be-noticed/) [Mignon McLaughlin](https://sms4smile.com/quotes/author/mignon-mclaughlin/) > [All successful people - not just entrepreneurs - have got things wrong over and over again before finding the right solution.](https://sms4smile.com/quotes/richard-branson/all-successful-people-not-just-entrepreneurs-have-got-things-wrong/) [Richard Branson](https://sms4smile.com/quotes/author/richard-branson/) > [Solve a real problem. 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