Quotes & Sayings About Micro Loans

The invention of the micro-loan was a big surprise to me. Who would have guessed loans of less than $20 made to poor people in undeveloped countries could create thriving local economies? And, even more surprisingly, that they more reliably pay off their debts than the wealthy of the world. — Joel A. Barker

Microfinance does not require previous experience or loans to the same extent as a small-business loan, so it's easier for women to enter the micro sector. — Gayle Tzemach Lemmon

Where micro-finance focuses on small loans to individual, low-income women, think of Acumen Fund more like a venture capital fund. — Jacqueline Novogratz

I founded Grameen Bank to provide loans to those considered traditionally unbankable. Grameen Bank works with the poorest and often illiterate, providing uncollateralized micro-loans for tiny business enterprises by which they can lift themselves and their families out of poverty. — Muhammad Yunus