In an interview with Nightly Business Report, Muhammad Yunus said poverty is unnecessary. Human beings are quite capable of taking care themselves. but we have created a society that denies some unfortunate people the opportunities.
This made me ponder: what is wrong with our society? Why are 80% of the world’s population living in bad conditions, and proximately 1.5 billion people stricken by poverty (less than $1 a day)? It can’t be just because of the greed of the few and corruption of the governments….
Does this make us – who are fortunate to be in the 20% with reasonably good living conditions – feel responsible to do something about it?
Now the microcredit institutions are operating in more than 100 countries worldwide. Started with only $27, Grameen Bank has grown into a $5 billion fund with more than four million borrowers.
Poverty is unnecessary. Extreme wealth is also unnecessary.