Like navigation markings in unknown waters, definitions of poverty need to be distinctive and unambiguous. A definition that is not precise is as bad… - Muhammad Yunus

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Like navigation markings in unknown waters, definitions of poverty need to be distinctive and unambiguous. A definition that is not precise is as bad as no definition at all.

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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.

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Also Known As

Native Name: মুহাম্মদ ইউনুস
Alternative Names: Professor Muhammad Yunus Muhammad Iunus
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Additional quotes by Muhammad Yunus

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.

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"UN studies conducted in more than forty developing countries show that the birth rate falls as women gain equality... I believe income-earning opportunities that empower poor women ... will have more impact on curbing population growth that the current system of "encouraging" family planning practices through intimidation tactics.. Family planning should be left to the family."

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