We can think about a social business as a selfless business whose purpose is to bring an end to a social problem. In this kind of business, the compa… - Muhammad Yunus

" "

We can think about a social business as a selfless business whose purpose is to bring an end to a social problem. In this kind of business, the company makes a profit — but no one takes the profit. Because the company is dedicated entirely to the social cause, the whole idea of making personal profit is removed from this business. The owner can take back over a period of time only the amount invested.

English
Collect this quote

About Muhammad Yunus

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.

Biography information from Wikiquote

Also Known As

Native Name: মুহাম্মদ ইউনুস
Alternative Names: Professor Muhammad Yunus Muhammad Iunus
Try QuoteGPT

Chat naturally about what you need. Each answer links back to real quotes with citations.

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

Additional quotes by Muhammad Yunus

Abu Sayed is no longer a member of just one family. He is the child of all families in Bangladesh. The children who will grow up and attend school and college will know about Abu Sayed and will say to themselves, 'I too will fight for justice.' Abu Sayed is now in every home.

Mother always put money away for any poor relatives who visited us from distant villages. It was she, by her concern for the poor and the disadvantaged, who helped me discover my interest in economics and social reform.

Limited Time Offer

Premium members can get their quote collection automatically imported into their Quotewise collections.

If you are born into a poor family, if you are a woman you have seen the worst of poverty. In a cultural way in the families in Bangladesh it's the women who eats last. So if you have a scarcity in the family … she misses out so everything comes in the raw deal for her. So, given a chance she works very hard to make a change to improve her life. And by training she is the most efficient manager of scarce resources. Because with the little resource she has, she has to stretch it as much as she can to look after the children, look after the family and everything else..unlike men - men want to enjoy right away. Whatever he got, whatever tiny bit of thing he got he doesn't care for much what's coming up.

Loading...