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Poverty is unnecessary. ...
by Muhammad Yunus

Poverty is unnecessary.
- Muhammad Yunus

Related topics: Finance

Today, if you look at financial systems around the globe,
more than half the population of the world -
out of six billion people,
more than three billion - do not qualify to take out a loan from a bank.
This is a shame.
- Muhammad Yunus

I made a list of people who needed just a little bit of money.
And when the list was complete, there were 42 names.
The total amount of money they needed was $27.
I was shocked.
- Muhammad Yunus

Business money is limitless.
- Muhammad Yunus

 

I had no idea that I would ever get involved with something
like lending money to poor people,
given the circumstances in which I was working in Bangladesh.
- Muhammad Yunus

There are cultural issues everywhere -
in Bangladesh,
Latin America, Africa, wherever you go.
But somehow when we talk about cultural differences,
we magnify those differences.
- Muhammad Yunus

They explained to me that the bank cannot lend money
to poor people because these people are not creditworthy.
- Muhammad Yunus

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I went to the bank and proposed that they lend money to the poor people.
The bankers almost fell over.
- Muhammad Yunus

Here we were talking about economic development,
about investing billions of dollars in various programs,
and I could see it wasn't billions of dollars people needed right away.
- Muhammad Yunus

But we have created a society that does not allow opportunities
for those people to take care of themselves because
we have denied them those opportunities.
- Muhammad Yunus

My greatest challenge has been to change the mindset of people.
Mindsets play strange tricks on us.
We see things the way our minds have instructed our eyes to see.
- Muhammad Yunus

Soon we saw that money going to women brought much
more benefit to the family than money going to the men.
So we changed our policy and gave a high priority to women.
As a result, now 96% of our four million borrowers
in Grameen Bank are women.
- Muhammad Yunus

I wanted to give money to people like this woman so
that they would be free from the moneylenders to sell
their product at the price which the markets gave them -
which was much higher than what the trader was giving them.
- Muhammad Yunus

I was teaching in one of the universities while the
country was suffering from a severe famine.
People were dying of hunger, and I felt very helpless.
As an economist, I had no tool in my tool box to fix that kind of situation.
- Muhammad Yunus

If I feel depressed I will sing.
If I feel sad I will laugh.
If I feel ill I will double my labor.
If I feel fear I will plunge ahead.
If I feel inferior I will wear new garments.
If I feel uncertain I will raise my voice.
If I feel poverty I will think of wealth to come.
If I feel incompetent I will think of past success.
If I feel insignificant I will remember my goals.
Today I will be the master of my emotions.
- Og Mandino

Poverty with security is better than plenty
in the midst of fear and uncertainty.
- Aesop

As you simplify your life,
the laws of the universe will be simpler;
solitude will not be solitude,
poverty will not be poverty,
nor weakness weakness.
- Henry David Thoreau

You can turn painful situations around through laughter.
If you can find humor in anything, even poverty,
you can survive it.
- Bill Cosby

Grant me the treasure of sublime poverty.
- St. Francis of Assisi

A day spent without the sight or sound of beauty,
the contemplation of mystery,
or the search of truth or perfection
is a poverty-stricken day; and a succession
of such days is fatal to human life.
- Lewis Mumford

Poverty is the worst form of violence.
- Mohandas (Mahatma) Gandhi

Every optimist moves along with progress and hastens it,
while every pessimist would keep the worlds at a standstill.
The consequence of pessimism in the life of a nation
is the same as in the life of the individual.
Pessimism kills the instinct that
urges men to struggle against poverty,
ignorance and crime, and dries up
all the fountains of joy in the world.
- Helen Keller

Love conquers all things except poverty and a toothache.
- Mae West

We think sometimes that poverty is only
being hungry, naked and homeless.
The poverty of being unwanted, unloved and
uncared for is the greatest poverty.
We must start in our own homes to remedy this kind of poverty.
- Mother Teresa

Christian voters should start looking
at global warming and extreme poverty
as religious issues that speak to the culture of life.
- Al Franken

Our life of poverty is as necessary as the work itself.
Only in heaven will we see how much we owe to the poor
for helping us to love God better because of them.
- Mother Teresa

Being unwanted, unloved, uncared for, forgotten by everybody,
I think that is a much greater hunger,
a much greater poverty than the person who has nothing to eat.
- Mother Teresa

Loneliness and the feeling of being unwanted
is the most terrible poverty.
- Mother Teresa

The most terrible poverty is loneliness
and the feeling of being unloved.
- Mother Teresa

For every talent that poverty has stimulated it has blighted a hundred.
- John W. Gardner

Poverty was the greatest motivating factor in my life.
- Jimmy Dean

Money is better than poverty,
if only for financial reasons.
- Woody Allen

Coming generations will learn equality from poverty,
and love from woes.
- Khalil Gibran

An important lever for sustained action in tackling
poverty and reducing hunger is money.
- Gro Harlem Brundtland

Open markets offer the only realistic hope of pulling
billions of people in developing countries out of abject poverty,
while sustaining prosperity in the industrialized world.
- Kofi Annan

No family gets rich from earning the minimum wage.
In fact, the current minimum wage does not even lift a family out of poverty.
- Jon Corzine

The price of indulging yourself in your youth in the
things you cannot afford is poverty and dependence in your old age.
- Dorothy Dix

Poverty is the only load which is the heavier the more
loved ones there are to assist in bearing it.
- Jean Paul

It is not easy for men to rise whose qualities are thwarted by poverty.
- Juvenal

Poverty of goods is easily cured; poverty of soul,
impossible.
- Michel de Montaigne

Poverty us no disgrace to a man, but it is confoundedly inconvenient.
- Sydney Smith

I came from poverty and was part of those circumstances.
- Pam Grier

We have common enemies today.
It's called childhood poverty.
It's called cancer.
It's called AIDS.
It's called Parkinson's.
It's called Muscular Dystrophy.
- Jerry Doyle

The real tragedy of the poor is the poverty of their aspirations.
- Adam Smith

I avoid going through places where there's too much poverty.
- Loretta Lynn

People never knew we were poor, but out of that poverty
came the most incredible inventions -
board games,
recipes...
we never stopped inventing.
- Lynn Johnston

My sisters and I were fortunate to travel through Asia
and Europe at very young ages.
We confronted extraordinary beauty in Athens and unspeakable poverty in India.
- Mary Chapin Carpenter

The government's War on Poverty has transformed poverty
from a short-term misfortune into a career choice.
- Harry Browne

Poverty does not make people terrorists,
but terrorists can exploit the frustration it creates
and use it as a breeding-ground for violent ideas.
- Anna Lindh

Poverty makes you sad as well as wise.
- Bertolt Brecht

The native American has been generally despised by
his white conquerors for his poverty and simplicity.
- Charles Eastman

When I was young, poverty was so common that we didn't know it had a name.
- Lyndon B. Johnson

As in the rankest soil the most beautiful flowers are grown,
so in the dark soil of poverty the choicest flowers
of humanity have developed and bloomed.
- James Allen

Let's take care of the necessities first:
give people jobs,
and find a way to get us out of poverty.
- Eartha Kitt

Education can lift individuals out of poverty and into rewarding careers.
- Christine Gregoire

Black people must address itself to the causes of poverty.
That's oppression in this country.
- H. Rap Brown

The media seems to think only abortion and gay marriage are religious issues.
Poverty is a moral issue, it's a faith issue,
it's a religious issue.
- Jim Wallis

There are no automatic links between poverty and terrorism.
Among millions of poor people in the world,
only a few turn to terrorism.
- Gijs de Vries

Wars of nations are fought to change maps.
But wars of poverty are fought to map change.
- Muhammad Ali

Real poverty is less a state of income than a state of mind.
- George Gilder

The honest poor can sometimes forget poverty.
The honest rich can never forget it.
- Gilbert K. Chesterton

State government has too often been used to look out
for the insiders and not the citizens.
This has insulated poverty from progress,
and need from remedy.
- Ernie Fletcher

Whoever cultivates the golden mean avoids both the
poverty of a hovel and the envy of a palace.
- Horace

If they are unsuccessful in married life,
who suffers more the bitter consequences of poverty
than the wife? But if successful,
she has not a dollar to call her own.
- Ernestine Rose

The poverty program was not designed to eliminate poverty.
- H. Rap Brown

That is one of the bitter curses of poverty;
it leaves no right to be generous.
- George Gissing

A propensity to hope and joy is real riches;
one to fear and sorrow real poverty.
- David Hume

Poverty is the mother of crime.
- Marcus Aurelius

Poverty must not be a bar to learning and learning
must offer an escape from poverty.
- Lyndon B. Johnson

The poor man wishes to conceal his poverty,
and the rich man his wealth: the former fears lest he be despised,
the latter lest he be plundered.
- Marie von Ebner-Eschenbach

Poverty is not a disgrace, but it's terribly inconvenient.
- Milton Berle


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