Grameen Bank was formed as an institution owned by its borrower members, who are poor women. Through its unique decision-making process, Grameen Bank has given millions of women the means to emerge from the shadows in a male-dominated society and to make something of themselves. Muhammad Yunus Read Quote
If the basic structure of Grameen is changed, the worry is that the poor women who are the rightful owners of the bank will be disenfranchised. Muhammad Yunus Read Quote
Peace should be understood in a human way – in a broad social, political and economic way. Peace is threatened by unjust economic, social and political order, absence of democracy, environmental degradation and absence of human rights. Muhammad Yunus Read Quote
I believe terrorism cannot be won over by military action. Terrorism must be condemned in the strongest language. We must stand solidly against it, and find all the means to end it. We must address the root causes of terrorism to end it for all time to come. Muhammad Yunus Read Quote
The new millennium began with a great global dream. World leaders gathered at the United Nations in 2000 and adopted, among others, a historic goal to reduce poverty by half by 2015. Never in human history had such a bold goal been adopted by the entire world in one voice, one that specified time and size. Muhammad Yunus Read Quote
I began my career as an economics professor but became frustrated because the economic theories I taught in the classroom didn’t have any meaning in the lives of poor people I saw all around me. I decided to turn away from the textbooks and discover the real-life economics of a poor person’s existence. Muhammad Yunus Read Quote
I was born in 1940 in Hathazari, Chittagong, which is now part of Bangladesh. Education was always important to my parents, and with what little we had, they were able to provide an education for their children. Muhammad Yunus Read Quote
The 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 Yunus Read Quote
Credit markets were originally created to serve human needs; to provide businesses and individuals with capital to start or expand businesses or fulfill other financial needs. Muhammad Yunus Read Quote
Good economic theory must give the people the chance to use their talents to build their own lives. We must get away from the traditional route where the rich will do the business and the poor will depend on private or public charity. Muhammad Yunus Read Quote
