A Quote by Muhammad Yunus

They explained to me that the bank cannot lend money to poor people because these people are not creditworthy.

Muhammad Yunus

Quote Topics

Bank Because Cannot Explained Lend Me Money People Poor Poor People

Quote Author

Muhammad Yunus
Bangladeshi - Economist
Born: June 28, 1940

I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over.

Muhammad Yunus

I don't trust a bank that would lend money to such a poor risk.

Robert Benchley

Save money; never rely on other people to lend you money. We call it having 'walking the streets' money - money in your back pocket or bank account that belongs to you.

Theo Paphitis

The people that lend you money basically give you an answer based on the risk that they are willing to take. But just because a bank is willing to take a particular risk doesn't mean that that is the right amount for me to spend.

Dan Ariely

More paper money cannot make a society richer, of course, – it is just more printed-paper. Otherwise, why is it that there are still poor countries and poor people around? But more money makes its monopolistic producer (the central bank) and its earliest recipients (the government and big, government-connected banks and their major clients) richer at the expense of making the money's late and latest receivers poorer.

Hans-Hermann Hoppe

I've found that a lot of successful poker players grew up poor. And I'm convinced that poor people have a risk tolerance that rich people don't have because poor people fundamentally don't value money that much because they're used to not having it.

Chamath Palihapitiya

Most banks - with Deutsche Bank at the top of the spectrum here - have decided that they can't make money lending to barrowers anymore, so they're going to the second business plan: They lend money to casino capitalists. That is, to people who want to gamble on derivatives.

Michael Hudson

A cynic had defined aid as simply the system by which poor white people in rich countries gave money to rich black people in poor countries to put into Swiss bank accounts.

Wilbur Smith

Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.

Ben Bernanke

Contrary to what most people think, bank money is much more important than state money. In Greece, for example, bank money makes up 84.26% of the total money supply.

Steve Hanke

One of the reasons inequality gets so deep in this country is that everyone wants to be rich. That's the American ideal. Poor people don't like talking about poverty because even though they might live in the projects surrounded by other poor people and have, like, ten dollars in the bank they don't like to think of themselves as poor.

Jay-Z

You've got to gamble on yourself. If you don't, no one else is going to. It's very hard when you're poor to turn down money. When you've got money, it's easy. When you're poor, you need money today. People take advantage of poor people.

Jim Jefferies

It's amazing to me how many people think that voting to have the government give poor people money is compassion. Helping poor and suffering people yourself is compassion. Voting for our government to use guns to give money to help poor and suffering people is immoral, self-righteous, bullying laziness.

Penn Jillette

Poor people have the blues because they're poor and hungry. Rich people can't sleep at night because they're trying to hold on to their money and everything they have.