My greatest challenge has b... by Muhammad Yunus, a N/A Economist

Muhammad Yunus Quotes

“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.”

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Muhammad Yunus

Author details

Name: Muhammad Yunus

Nationality: N/A

Date of Birth: Jun 28, 1940

Profession: Economist

Evan Davis Vilfredo Pareto Henry Charles Carey

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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

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Poverty is unnecessary.

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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.

Muhammad Yunus

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