Every man is a borrower and a mimic, life is theatrical and literature a quotation.
Ralph Waldo EmersonRead
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Every man is a borrower and a mimic, life is theatrical and literature a quotation.
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.
The borrowers will always be willing to take a great deal for themselves. It’s up to the lenders to show restraint, and when they lose it, watch out.
We must remember that nothing in this world really belongs to us. At best, we are merely borrowers.
Grameen Bank was formed as an institution owned by its borrower members, who are poor women. Through its unique decision-making process, Grameen Bank has given millions of women the means to emerge from the shadows in a male-dominated society and to make something of themselves.
What you want to watch are the lenders, not the borrowers. The borrowers will always be willing to take a great deal for themselves. It's up to the lenders to show restraint, and when they lose it, watch out.
Good nature is the cheapest commodity in the world, and love is the only thing that will pay ten percent to both borrower and lender.
Once again, the 90/10 rule of money applies - 10% of the borrowers in the world use debt to get richer - 90% use debt to get poorer.
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