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 YunusA charity dollar has only one life; a Social Business dollar can be invested over and over again.
Muhammad YunusThey explained to me that the bank cannot lend money to poor people because these people are not creditworthy.
Muhammad YunusThe process of breaking down fear was always my greatest challenge and it was made easier by the careful work and gentle voices of my female workers.
Muhammad YunusIf you go out into the real world, you cannot miss seeing that the poor are poor not because they are untrained or illiterate but because they cannot retain the returns of their labor. They have no control over capital, and it is the ability to control capital that gives people the power to rise out of poverty.
Muhammad Yunus