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.
Muhammad YunusIf I could be useful to another human being, even for a day, that would be a great thing. It would be greater than all the big thoughts I could have at the university.
Muhammad YunusMoney commands everything because that's our interpretation of capitalism ... what kind of world is that? It's a very uncomfortable interpretation of a human being. We have been turned into robots.
Muhammad YunusThe Grameen Bank Ordinance with amendments up to 2008 is a beautiful legal structure for the fulfillment of the ideals and objectives of the bank. Any change in this structure will be devastating for the bank.
Muhammad YunusIf the helplessness and isolation of labour, who have nothing to sell but their labour, can be totally removed by connecting labour with capital through a universal credit system, we'll then have other kinds of actors on the economic scene different from what the existing capitalist world would allow us to bring out.
Muhammad Yunus