Bangladeshi banker, Nobel Peace Prize recipient and the former Chief Adviser of Bangladesh
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He proved you could lend to the poorest without collateral and they'd pay you back — then built a bank on that premise and won a Nobel Peace Prize for it. Now, after decades as the face of microcredit, he's running Bangladesh.
Muhammad Yunus was born in Hathazari in 1940, studied economics in Dhaka and at Vanderbilt, and returned to teach at Chittagong University. After Bangladesh's 1974 famine, he began experimenting with small loans to villagers who had no access to formal credit. In 1983 he founded Grameen Bank to scale the model; it spread to about 100 countries and earned him the Nobel Peace Prize in 2006, followed by the Presidential Medal of Freedom and Congressional Gold Medal. He went on to chancellor Glasgow Caledonian University, serve on the UN Foundation board, and launch Grameen offshoots in America. T…
Sourced, dated quotes from Muhammad Yunus
Always remember, job is a wrong idea. Don't ever look for a job, always tell yourself that I'm a job creator. I'm not a job seeker, I'm a job creator. So be a job creator.
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.
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 make yogurt with all kinds of nutritious elements. We want to provide nutrition to the poor and children.
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.
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