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Muhammad Yunus

Founder of Grameen Bank; Nobel Peace Prize laureate, 2006

Bangladesh · b. 1940

Founded Grameen Bank in Bangladesh in 1983 to extend small loans to the rural poor, particularly women. He shared the Nobel Peace Prize with the bank in 2006 and later served as Chief Adviser of Bangladesh's interim government.

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Recorded · On the billboard

In a poverty-free world, the only place you would be able to see poverty is in the poverty museums. When school children take a tour of the poverty museums, they would be horrified to see the misery and indignity that some human beings had to go through. They would blame their forefathers for tolerating this inhuman condition, which existed for so long, for so many people.
If you could have a gigantic billboard anywhere, what would it say and why? Nobel Peace Prize lecture, Oslo City Hall, The Nobel Foundation, 10 December 2006 source
What are bad recommendations you hear in your profession or area of expertise?
I am in favor of strengthening the freedom of the market. At the same time, I am very unhappy about the conceptual restrictions imposed on the players in the market. This originates from the assumption that entrepreneurs are one-dimensional human beings, who are dedicated to one mission in their business lives − to maximize profit.

Recorded Nobel Peace Prize lecture, Oslo City Hall, The Nobel Foundation, 10 December 2006 source

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