Posts Tagged ‘muhammad yunus’

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Muhammad Yunus: Money Business

Posted by admin on Monday, July 5, 2021

Muhammad Yunus Money Quote saying the concept of business is now all about the money, so the name should reflect that. Muhammad Yunus said:
 
Today, the concept of business is to make money. Making money is the name of the business Quote
 

“Today, the concept of business is to make money. Making money is the name of the business” — Muhammad Yunus

 

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In this quote, Muhammad Yunus is characterizing the prevailing view in business that the primary goal is to generate profits. When he states “today, the concept of business is to make money” and that “making money is the name of the business,” Yunus appears to be suggesting that mainstream business culture defines success almost exclusively in terms of financial returns.

His view seems to be that the dominant mentality sees profit-making as the sole objective and raison d’etre of commercial enterprise. However, Yunus’ own work establishing microfinance and promoting social business models demonstrates he believes companies can and should also have positive social impacts.

So the quote captures Yunus critiquing a narrow profit-maximizing orientation, while his actions show he favors a broader definition of business value that encompasses helping people in need as well as earnings.

Muhammad Yunus: Super Happy

Posted by admin on Monday, January 18, 2021

Muhammad Yunus Money Quote saying there is an incentive to happiness in money-making which also makes others really glad. Muhammad Yunus said:
 
 
Making money is a happiness. And that's a great incentive. Making other people happy is a super-happiness Quote
 

Making money is a happiness. And that’s a great incentive. Making other people happy is a super-happiness” — Muhammad Yunus

 

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In this quote, Muhammad Yunus is suggesting that while earning money can bring its own form of happiness, using wealth and success to directly help and improve the lives of others provides an even greater sense of happiness and purpose.

The best interpretation is that Yunus sees financial prosperity as a means to help fulfill deeper human needs and social responsibilities, not just an end in itself.

Pursuing happiness solely through personal gain is less fulfilling than using one’s means and skills to spread well-being to those around us. This reinforces the idea that true life satisfaction depends more on how we uplift each other through service and community engagement beyond what wealth alone can provide for the self.

Muhammad Yunus: Created Poverty

Posted by admin on Thursday, September 10, 2020

Muhammad Yunus Money Quote saying we created the conditions and organizations that are the cause of poverty. Muhammad Yunus said:
 
Poverty has been created by the economic and social system that we have designed for the world. It is the institutions that we have built which created poverty Quote
 

“Poverty has been created by the economic and social system that we have designed for the world. It is the institutions that we have built and feel so proud of, which created poverty” — Muhammad Yunus

 

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In this quote, Frank Dane seems to be making a cynical joke about financial influences in romantic relationships. By stating “the way to a woman’s heart is through your wallet”, Dane implies that for some people, displays of wealth or lavish spending may be a path to gaining affection or intimacy.

However, the tone also suggests Dane recognizes true caring relationships are built on mutual understanding and appreciation rather than transactional exchanges of money for access or favors.

Overall, while Dane aims to provoke laughter through hyperbole, his words also risk promoting hurtful stereotypes. Most people seek partners based on character, shared interests and emotional connection – not material factors alone.

Muhammad Yunus: Poverty Free

Posted by admin on Monday, September 7, 2020

Muhammad Yunus Money Quote saying a world without poverty is possible when banks make it possible. Muhammad Yunus said:
 
I have come to believe, deeply and firmly, that we can create a poverty free world if we want to. I came to this conclusion not as a product of a pious dream, but as a concrete result of experience gained in the work of the Grameen Bank Quote
 

“I have come to believe, deeply and firmly, that we can create a poverty free world if we want to. I came to this conclusion not as a product of a pious dream, but as a concrete result of experience gained in the work of the Grameen Bank” — Muhammad Yunus

 

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In this quote, Muhammad Yunus seems to be conveying his belief that poverty is a solvable problem if there is sufficient global will to address it. By stating he has come to “believe, deeply and firmly, that we can create a poverty free world if we want to”, Yunus implies widespread poverty is a choice rather than an inevitable reality, suggesting with coordinated effort it can be eliminated.

His reference to arriving at this conclusion “not as a product of a pious dream, but as a concrete result of experience” with Grameen Bank conveys Yunus’ perspective that his work in microfinance provides proof of concept that poverty reduction is achievable through practical solutions.

Overall, the quote portrays Yunus’ firm conviction, based on his direct involvement, that poverty is a surmountable scourge if the necessary resources and strategies are mobilized to make its eradication an intentional priority worldwide.

Muhammad Yunus: Poor Entrepreneur Bank

Posted by admin on Thursday, July 12, 2018

Muhammad Yunus Money Quote saying banks lend money to the already wealthy but Grameen Bank lends to those in poverty to help them become entrepreneurs. Muhammad Yunus said:
 
Banks look for the rich; we look for the poor. All people are  entrepreneurs Quote
 

“I did something that challenged the banking world. Conventional banks look for the rich; we look for the absolutely poor. All people are entrepreneurs, but many don’t have the opportunity to find that out” — Muhammad Yunus

 

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In this quote, Muhammad Yunus is explaining the innovative approach of Grameen Bank, which he founded in Bangladesh. Yunus notes that conventional banks typically seek out wealthy, lower-risk borrowers, whereas Grameen Bank intentionally “looks for the absolutely poor” to provide microloans.

He suggests this challenged traditional banking norms. Yunus also makes the philosophical point that everyone has entrepreneurial spirit, but many living in poverty lack the means or opportunities to realize their potential. Grameen Bank aimed to fill this gap by offering small loans to even the most impoverished so they could start micro-businesses.

The overall interpretation is that Yunus believed poverty should not preclude people from accessing credit to better their lives through self-employment and entrepreneurship. He saw microfinance as a way of empowering disadvantaged populations by recognizing their humanity and potential beyond their immediate circumstances according to his perspective outlined in this influential quote.

Muhammad Yunus: Poverty-Free World

Posted by admin on Thursday, May 24, 2018

Muhammad Yunus Money Quote saying we have the power to solve poverty if we make it a priority and create necessary solutions. Muhammad Yunus said:
 
If we had believed that poverty is unacceptable to us, and that it should not belong to a civilized society, we would have created appropriate institutions and policies to create a poverty-free world Quote
 

“If we had believed that poverty is unacceptable to us, and that it should not belong to a civilized society, we would have created appropriate institutions and policies to create a poverty-free world” — Muhammad Yunus

 

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This quote from Muhammad Yunus, founder of the Grameen Bank microcredit program, suggests that poverty continues to exist on a large scale because societies have not truly deemed it unacceptable or unfit for civilized communities. Yunus implies that if eliminating poverty was made a higher priority through moral and policy changes, governments and institutions would have developed more effective solutions to create a “poverty-free world.”

His point is that with sufficient will and focus, humanity possesses the means to eradicate extreme poverty worldwide through dedicated programs and redistributive systems. But this requires a shift in perspectives and priorities first. The quote serves as a call to action for societies to decide poverty is intolerable and then take the institutional steps needed through economic reforms and social safety nets to realize a world without such widespread deprivation.

Muhammad Yunus: Poverty Museums

Posted by admin on Wednesday, June 8, 2016

Muhammad Yunus Money Quote saying he imagines we will resolve world poverty to the extent that we’ll need a museum to show kids what it was like. Muhammad Yunus said:
 
One day our grandchildren will go to musuems to see what poverty was like Quote
 

“One day our grandchildren will go to museums to see what poverty was like” — Muhammad Yunus

 

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Muhammad Yunus seems to be expressing an optimistic view that poverty could eventually be eliminated globally if social and economic conditions continue to improve.

His point appears to be that with ongoing efforts to reduce inequality and increase access to things like education, healthcare, financial services and livable wages, future generations may look back and see poverty as a problem that existed in the past but was overcome through sustained progress and development.

The quote conveys Yunus’ belief that poverty does not need to be a permanent condition, and with dedicated work to empower people and strengthen communities worldwide, poverty could potentially become a phenomenon only studied about in history books and museums rather than experienced directly.

Muhamad Yunus on Creditworthy Poor

Posted by admin on Friday, January 17, 2014

Muhammad Yunus Money Quotation saying banks begin lending with circular logic of creditworthiness validating lending, locking the poor in poverty. Muhammad Yunus said:
 
They explained to me that the bank cannot lend money to poor people because these people are not creditworthy Quote
 

“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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This quote from Muhammad Yunus suggests that traditional banks often deny loans to impoverished individuals and communities due to a perceived lack of ability or guarantee to repay debts.

The best interpretation is that Yunus found this standard practice of excluding the poor from access to credit to be misguided, as it perpetuated cycles of poverty by denying opportunities for self-employment, income generation and economic participation.

By establishing Grameen Bank and pioneering microfinance, Yunus aimed to prove that the poor can be creditworthy if given suitable loan terms, support and recognition of their untapped entrepreneurial potential.

The implication is that Yunus sought to challenge preconceived notions of the poor as inherently too risky to lend to, showing that poverty does not equate to unreliability when financial inclusion is approached through alternative means tailored to marginalized groups’ circumstances and needs.

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