Bangladeshi banker, Nobel Peace Prize recipient and the former Chief Adviser of Bangladesh
Muhammad Yunus (Bengali: মুহাম্মদ ইউনুস Muhammod Iunus) (born June 28, 1940) is a Bangladeshi banker and economist. He is the developer and founder of the concept of microcredit. In 2006, Yunus was awarded the Nobel Peace Prize.
From: Wikiquote (CC BY-SA 4.0)
Native Name:
মুহাম্মদ ইউনুস
Alternative Names:
Professor Muhammad Yunus
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Muhammad Iunus
From Wikidata (CC0)
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We are faced with famine in 1974 and people are dying of hunger. When people are dying of hunger, and you are a young economic teacher, teaching an elegant economic theory in the class room, it doesn't make you feel good. Because all your brilliant theories don't seem to, come into use of the people who dying. And it 's death you cannot explain because it's not cause of disease. ..it's just of not having food to eat...
So in the situation like that you have nothing but frustration and agony. So one way, I try to kind of enlightened my frustration and agony by coming to the conclusion that I may not be useful as an economist, but I'm still a basic human being. I can juts go out and stand next to human being. And see if there's anything I can do to another person. Even for a day if it is help, pay for more a day, I feel more a little bit better. So that's why I started going outside the campus..
I thought if you can become an angel for 27 dollars, it would be fun to do more of it
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What happens to the rest of the world? It’s as if the rest of the world will be forgotten... This is a vaccine that is needed by 8 billion people. What happens to poor people? What happens to poor countries who cannot afford to pay the prices that they’ll be charging in the rich countries? With social business, shareholders don’t want to make any profit out of it so no dividend is taken from the company and we can reduce the cost and produce anywhere.
When we want to help the poor, we usually offer them charity. Most often we use charity to avoid recognizing the problem and finding the solution for it. Charity becomes a way to shrug off our responsibility. But charity is no solution to poverty. Charity only perpetuates poverty by taking the initiative away from the poor. Charity allows us to go ahead with our own lives without worrying about the lives of the poor. Charity appeases our consciences.