I made a list of people who... by Muhammad Yunus, a N/A Economist

Muhammad Yunus Quotes

“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.”

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Muhammad Yunus

Author details

Name: Muhammad Yunus

Nationality: N/A

Date of Birth: Jun 28, 1940

Profession: Economist

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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.

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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.

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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.

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