1. Quotes
  2. Authors
  3. Muhammad Yunus

Muhammad Yunus Quotes

| signature = Signature of Professor Muhammad Yunus.svg

| repec_prefix=e |repec_id=pyu122

}}

Muhammad Yunus is a Bangladeshi social entrepreneur, banker, economist, and civil society leader who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. In 2006, Yunus and the Grameen Bank were jointly awarded the Nobel Peace Prize "for their efforts through microcredit to create economic and social development from below". The Norwegian Nobel Committee said that "lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty" and that "across cultures and civilizations, Yunus and Grameen Bank have shown that even the poorest of the poor can work to bring about their own development". Yunus has received several other national and international honours. He received the United States Presidential Medal of Freedom in 2009 and the Congressional Gold Medal in 2010.In 2008, he was rated number 2 in Foreign Policy magazine's list of the 'Top 100 Global Thinkers'.In February 2011, Yunus together with Saskia Bruysten, Sophie Eisenmann and Hans Reitz co-founded Yunus Social Business – Global Initiatives . YSB creates and empowers social businesses to address and solve social problems around the world. As the international implementation arm for Yunus' vision of a new, humane capitalism, YSB manages incubator funds for social businesses in developing countries and provides advisory services to companies, governments, foundations and NGOs.

In 2012, he became Chancellor of Glasgow Caledonian University in Scotland, a position he held until 2018. Previously, he was a professor of economics at Chittagong University in Bangladesh. He published several books related to his finance work. He is a founding board member of Grameen America and Grameen Foundation, which support microcredit.

Yunus also serves on the board of directors of the United Nations Foundation, a public charity created in 1998 by American philanthropist Ted Turner's $1 billion gift to support UN causes.In March 2011, the Bangladesh government fired Yunus from his position at Grameen Bank, citing legal violations and an age limit on his position. Wikipedia  

✵ 28. June 1940
Muhammad Yunus photo

Works

Banker to the Poor
Banker to the Poor
Muhammad Yunus
Muhammad Yunus: 10   quotes 5   likes

Famous Muhammad Yunus Quotes

“All human beings have an innate skill — survival skill. The fact that poor are still alive is a proof of their ability to survive. We do not need to teach them how to survive. They know this already.”

Muhammad Yunus

Profile at North American Bangladesh Info Center http://www.bongoz.com/people/yunus.html

“One day our grandchildren will go to museums to see what poverty was like.”

Muhammad Yunus

"Interview with Prof. Muhammad Yunus" Australian Broadcasting Corporation (25 March 1997) http://www.abc.net.au/foreign/stories/s400630.htm

“I will not spend the money for myself. I will rather spend it in special business on a no-profit-no-loss policy. We will also establish an eye hospital where even beggars will be given treatment at the cost of Taka 10-20.”

Muhammad Yunus

The Daily Star (14 October 2006)

“We will make yogurt with all kinds of nutritious elements. We want to provide nutrition to the poor and children.”

Muhammad Yunus

The Daily Star (14 October 2006)

“Poverty has been created by the economic and social system that we have designed for the world. It is the institutions that we have built, and feel so proud of, which created poverty.”

Muhammad Yunus

"Eliminating Poverty Through Market-Based Social Entrepreneurship" in Global Urban Development Magazine (May 2005)

“The poor themselves can create a poverty-free world — all we have to do is to free them from the chains that we have put around them.”

Muhammad Yunus

"Eliminating Poverty Through Market-Based Social Entrepreneurship" in Global Urban Development Magazine (May 2005) http://www.globalurban.org/Issue1PIMag05/Yunus%20article.htm

Muhammad Yunus Quotes

“I believe that "government", as we know it today, should pull out of most things except for law enforcement and justice, national defense and foreign policy, and let the private sector, a "Grameenized private sector", a social-consciousness-driven private sector, take over their other functions.”

Muhammad Yunus book Banker to the Poor

Autobiography : Banker to the Poor (2001)

Justice , Law

“To me poor people are like bonsai trees. When you plant the best seed of the tallest tree in a flower-pot, you get a replica of the tallest tree, only inches tall. There is nothing wrong with the seed you planted, only the soil-base that is too inadequate. Poor people are bonsai people. There is nothing wrong in their seeds. Simply, society never gave them the base to grow on. All it needs to get the poor people out of poverty for us to create an enabling environment for them. Once the poor can unleash their energy and creativity, poverty will disappear very quickly.”

Muhammad Yunus

Creating a World without Poverty: Social Business and the Future of Capitalism (2007)

People , Flowers , Tree

“If you are born into a poor family, if you are a woman you have seen the worst of poverty. In a cultural way in the families in Bangladesh it's the women who eats last. So if you have a scarcity in the family … she misses out so everything comes in the raw deal for her. So, given a chance she works very hard to make a change to improve her life. And by training she is the most efficient manager of scarce resources. Because with the little resource she has, she has to stretch it as much as she can to look after the children, look after the family and everything else.. unlike men - men want to enjoy right away. Whatever he got, whatever tiny bit of thing he got he doesn't care for much what's coming up.”

Muhammad Yunus

"Interview with Prof. Muhammad Yunus" Australian Broadcasting Corporation (25 March 1997)

Life , Women , Men , Children

“Poor people always pay back their loans. It's us, the creators of institutions and rules, who keep creating trouble for them.”

Muhammad Yunus

Grameen Bank II: Designed to Open New Possibilities (2002)

People

Similar authors

Douglass C. North photo
Douglass C. North 18
American Economist
Friedrich Hayek photo
Friedrich Hayek 79
Austrian and British economist and Nobel Prize for Economic…
Abdus Salam photo
Abdus Salam 3
theoretical physicist, and Nobel Prize in Physics recipient
Orhan Pamuk photo
Orhan Pamuk 55
Turkish novelist, screenwriter, and Nobel Prize in Literatu…
Jan Tinbergen photo
Jan Tinbergen 21
Dutch economist
José Saramago photo
José Saramago 138
Portuguese writer and recipient of the 1998 Nobel Prize in …
Wassily Leontief photo
Wassily Leontief 10
Russian economist
Theodore Schultz photo
Theodore Schultz 15
American economist
Knut Hamsun photo
Knut Hamsun 22
Norwegian novelist and Nobel Prize recipient
Thomas J. Sargent photo
Thomas J. Sargent 10
American economist