Quote by Muhammad Yunus

Soon we saw that money going to women brought much more benefit to the family than money going to the men. So we changed our policy and gave a high priority to women. As a result, now 96% of our four million borrowers in Grameen Bank are women.


Soon we saw that money going to women brought much more bene

Summary

This quote explains the shift in policy within Grameen Bank to prioritize providing financial support to women rather than men. The rationale behind this change was the realization that when money was given to women, it resulted in greater benefits for the entire family. As a result of this shift, the majority of borrowers in Grameen Bank, approximately 96%, are now women. This change in policy highlights the bank's recognition of the transformative impact women can have on their families and communities when empowered with financial resources.

Topics

Family
By Muhammad Yunus
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