Access to Credit Quotes

Microcredit has shown how you can reach out to people that conventional banking cannot. It has demonstrated that it's a doable proposition.

Retail banking in Africa is very weak. You can't go to a village and get money from an ATM or visit a branch of the bank. So people have to use the Internet.

Microcredit is about giving hope.

Full financial citizenship means more than just a savings account and a way to transfer money and pay bills. It also requires access to credit along with the ability to accept payments and run a business, send money to family or transact business across borders, contribute to the community and help others in need, and invest for the future.

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

My vision for the future? Two things: to make credit a human right so that each individual human being will have the opportunity to take loans and implement his or her ideas so that self-exploration becomes possible. And second: that it will lead to a world where nobody has to suffer from poverty - a world completely free from poverty.

Small loans can transform lives, especially the lives of women and children. The poor can become empowered instead of disenfranchised. Homes can be built, jobs can be created, businesses can be launched, and individuals can feel a sense of worth again.

Credit is a human right that should be treated as a human right. If credit can be accepted as a human right, then all other human rights will be easier to establish.

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.

If we are looking for one single action which will enable the poor to overcome their poverty, I would go for credit. Money is power. I have been arguing that credit should be accepted as a human right. If we can come up with a system which allows everybody access to credit while ensuring excellent repayment - I can give you a guarantee that poverty will not last long.

Before the arrival of the Credit Union, people who were from the poor background or a working class background couldn't borrow from banks.

Some people worry because they are in debt; others, because they can't even get in.

Is the investment community critical to our economic success? Yes. Free markets, innovation, access to credit, venture capital, and strong labor rights - these have been the underpinnings of our economic vitality, from laying railways to broadband lines.

A thought crossed his mind: How do you make poor people feel wealthy when wages are stagnant? You give them cheap loans.

I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over.

I think the women in the political positions will push very, very hard to see that there are loans and banks for women in Rwanda.

Amadeo Peter Giannini, who founded the Bank of America, had the wild idea that you should lend money to people who needed it rather than just to the rich.

Small businesses have told us that having cash in their pocket is one of the primary things that they need.

Black business owners throughout America too often face bigger barriers to accessing capital.

In spite of the dominant role played by women in both farming, they are denied credit as they lack land titles. Only a small percentage of Kisan Credit Cards goes to them.