Chief Adviser Professor Muhammad Yunus on Monday said that poverty is not created by poor but is rather a product of flawed economic systems that concentrate wealth at the top.
He asserted that social business and microfinance can be powerful tools to lift millions out of poverty and foster sustainable development.
“Poverty is not created by poor people. It is a consequence of an economic system where resources surge upwards, concentrating wealth ever more narrowly,” Prof Yunus said in his keynote address at the Earthna Summit 2025, organised by Qatar Foundation in Doha.
Speaking on the topic “Exploring the role of social business, financial inclusion, and microfinance in fostering sustainable development and economic opportunities for marginalised communities”, Yunus shared how social business and microcredit have transformed the lives of millions in Bangladesh and beyond.
He said social business, backed by financial inclusion, can break the poverty trap. “I will share firsthand experiences of the power of two interrelated approaches—social business and microcredit—that have uplifted marginalised communities in my own country.”বিস্তারিত