To me, it doesn’t make sense. The poorest of the poor work twelve hours a day. They need to sell and earn income to eat. They have every reason to pay you back, just to take another loan and live another day! That is the best security you can have — their life.” The manager shook his head. “You are an idealist, Professor. You live with books and theories.” “But

There is no room in the economic literature for people making a living through self-employment, finding way to develop goods or services that they sell directly to those who need them. But in the real world, that's what you see the poor doing everywhere.

In Bangladesh, if a woman, even a rich woman, wants to borrow money from a bank, the manager will ask her, ‘Did you discuss this with your husband?’ And if she answers, ‘Yes,’ the manager will say, ‘Is he supportive of your proposal?’ If the answer is still, ‘Yes,’ he will say, ‘Would you please bring your husband along so that we can discuss it with him?’ But no manager would ever ask a prospective male borrower whether he has discussed the idea of a loan

There are many ways for people to die, but somehow dying of starvation is the most unacceptable of all. It happens in slow motion. Second by second, the distance between life and death becomes smaller and smaller, until the two are in such close proximity that one can hardly tell the difference.

In 1995, the Consultative Group to Assist the Poorest (CGAP) and the Microcredit Summit Campaign Committee formally defined a “poor” person as someone who lives below the poverty line and “poorest” as someone in the bottom half of those below the poverty line.