Jane Goodall Quotes

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.

A number of non-banking finance companies have entered the rural microcredit market. Many microcredit agencies have been charging interest rates not very dissimilar to those charged by moneylenders. Borrowing then becomes more to meet pressing consumption needs, rather than for farming or small-scale enterprises.

When combined with information and communication technologies, microcredit can unleash new opportunities for the world's poorest entrepreneurs and thereby revitalize the village economies they serve.

Some people, they got housing loans, and I think they're responsible for taking a loan they didn't qualify for?

We developed microfinance to fight loan sharks - I was telling people don't go to loan sharks - not trying to take advantage and make money for myself. I would be a junior loan shark if I did... It is not a panacea.

I learned how to lend money by cleaning up the messes of others who had made loans before me.

For the poor, learning to manage money well is central to improving their lives.

What attracted me towards microfinance is it's a very sustainable business, which has an impact on people's lives yet it can be very profitable.

There should be whole-hearted, full commitment to remove poverty - only we are doing it.

The Microfinance segment is a challenging client servicing space and thus requires a great amount of dedication, integrity and teamwork.

I'm an executive director at a company which gives out retail loans.

Financial Aid Office (FAO) administrators are scrambling to educate students on repaying loans, but a disparity in knowledge persists.

The FM proposed to set up a Credit Guarantee Fund to ensure better flow of funds to students.

LFC is not servicing debt other than stadium debt.

Money is like manure. It's most effective when it's spread around widely.

When Secretary of State for International Development, it was my mission to ensure that every taxpayer pound was spent to serve those in need, and met U.K. development objectives.

In Puerto Rico, there has developed a culture of taking out loans and not paying them back. That has ended.

One of the risks for anybody in the lending business is that being conservative can harm your competitiveness.

I have no interest in bailing out anybody, quite frankly, and I think banks have to suffer every dollar of loss if they make a bad loan.

We need a better strategy for poor people...because what we're doing isn't working.

Poor people always pay back their loans. [...] It is us, the designers of institutions and rules, who keep creating trouble for them.

A few years ago the idea that extreme poverty was harmful was on the fringes of the economic and political debate. But having made the case we are now seeing an emerging consensus among business leaders, economic leaders, political leaders and even faith leaders.

The fight against poverty and hunger must be fought constantly and on many fronts, especially in its causes.

If we can find approaches that meet the needs of the poor in ways that generate profits for business and votes for politicians, we will have found a sustainable way to reduce inequity in the world. This task is open-ended. It can never be finished. But a conscious effort to answer this challenge will change the world.

Microfinance is an incredibly powerful tool ... but we must move beyond micro-hopes and micro-ambitions for women.